In a strategic crypto acquisition spree, BTCS, a Nasdaq-listed blockchain infrastructure company, expands its Ethereum holdings, instead of its namesake crypto, Bitcoin (BTC). With the latest purchase of 3,450 ETH, valued at approximately $8.42 million, the platform currently holds around 12,500 tokens ($31.8 million), up from 9,063 ETH at the end of Q1 2025. Notably, BTCS sees Ethereum as a foundational asset for the company’s operations as well as its growth. According to CEO Charles Allen, the strategic addition of over $8 million in ETH to the company’s treasury aims to strengthen validator operations, increase staking revenue, and drive long-term shareholder value. BTCS Purchases 3.4K ETH: What’s Behind the Move? In an official press release, BTCS CEO Charles Allen revealed the company’s latest acquisition of a massive amount of ETH at an average price of $2,441 per token. Highlighting the significance of ETH in the platform’s growth, the CEO stated,… Read More at Coingape.com
Pepe coin (PEPE) price surged 68% last week as Bitcoin (BTC) price reached $104k, sparking a bullish revival of meme coins. Outperforming top meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), the high momentum rally in PEPE recovers more than 50% of the Q1 downfall. As Pepe coin holds above the $0.000010 psychological zone, upbeat investors anticipate a potential 80% rally.
Pepe Coin Price Hits $0.000015 as Meme Coin Rally Begins
Raising all boats with Bitcoin reclaiming the $104k level, the meme coin market hits a 30-day high of $76.13 billion. Capitalizing on market momentum, PEPE price surged almost 68% in the last seven days, while DOGE and SHIB remained at 32% and 21%, respectively.
CoinmarketCap
PEPE Price Analysis Spots Strong Support at $0.00001178
With a 7-day high at $0.00001539, Pepe coin is now trading at $0.00001334 with an intraday pullback of 2.11%. Coupled with the doji candle formed on Monday and increased volatility near $0.00001426, reflects indecisiveness in PEPE as it enters a breather phase.
Failing to surpass the 61.80% Fibonacci level at $0.00001426, Pepe hints at a potential retest of the 50% level at $0.00001178. Following a potential retest of the 50% level, Pepe’s prevailing triangle breakout rally could regain momentum. This put the triangle breakout price target of $0.00002209 back on bullish radars, an 80% upside from retest level.
As Pepe coin price holds above the 200-day Exponential Moving Average (EMA), the 50- and 100-day EMAs hint at a bullish crossover. This could trigger a buy signal and increase golden crossover chances. Additionally, the Relative Strength Index witnessed a minor drop within the overbought zone, suggesting a momentum drop. This aligns with PEPE price struggling near the $0.00001426 resistance, bolstering the retest chances.
In case of a steeper pullback under the 50% Fibonacci level, Pepe coin price prediction forecasts the 200-day EMA retest at $0.00001057. Meanwhile, the $0.0000090 support zone remains a stronghold for the meme coin.
Pepe Coin Price Chart
A potential crash below $0.0000090 will negate the triangle breakout rally bounce back chances. Further, it might lead to a $0.0000074 retest.
Pepe’s Open Interest Hits All-Time High
Pepe coin price surge leads to increased trading activity on the derivatives front. According to Coinglass, the PEPE Open Interest (OI) reached an all-time high of $583 million as traders anticipate sharp moves in the meme coin.
Pepe Open Interest
The Pepe OI weighted funding rate has reached a record high in 2025 at 0.0272%, reflecting a rising bullish confidence in trading activity.
PEPE Funding Rate
Rising Liquidations Warn of Retest
Despite the strong derivatives data, the 12-hour long liquidations spike to nearly $5 million as PEPE fluctuates and fails to cross the immediate resistance. Thus, a potential retest seems imminent amid rising liquidations that could damage the rising OI and funding rate.
Liquidation Chart
As Pepe’s technical signals suggest a potential retest, a recovery fueled by Bitcoin’s rally will negate the short-term bearish signals. Until then, a retest of 50% Fibonacci seems inevitable, a potential buy-the-dip spot for confident investors.
Bonk (BONK), the popular Solana-based meme coin, is on the verge of a massive price crash. This bearish outlook emerges during a period when major cryptocurrencies are experiencing massive sell-offs and price crashes.
BONK Technical Analysis and Upcoming Level
According to expert technical analysis, BONK appears bullish but is currently at a make-or-break level of $0.0000095. The daily chart shows multiple bullish signals, such as bullish divergence and the formation of a bullish double-bottom price action pattern.
Source: Trading View
However, the ongoing market sentiment and downward momentum in major assets like Bitcoin (BTC) and Ethereum (ETH) seem to be influencing other cryptocurrencies, especially those with a small market cap like BONK.
Based on recent price action and historical momentum, this key level has consistently acted as strong support. Since December 2023, BONK has experienced multiple upward moves after bouncing from this level. Meanwhile, experts and traders are also expecting a similar move in the meme coin.
However, given the current unfavorable market sentiment, BONK’s bullish outlook appears to be challenging.
The daily chart reveals that if BONK fails to hold this level and closes a daily candle below $0.0000088, it could drop by 38% to reach the next support at $0.0000055 in the future. However, if the meme coin holds this level, there is also a possibility that history will repeat and BONK will once again see an upside rally.
BONK Price and Volume Drop
At press time, BONK is trading near $0.000009677 and has recorded a price decline of over 5.50% in the past 24 hours. Meanwhile, during the same period, its trading volume dropped by 55%, indicating lower participation from traders and investors, potentially due to the current market sentiment.
Traders Lean Bearish on BONK
Given the strong bearish market and downward momentum in BONK, traders seem to be dominating the asset by heavily betting on the bearish side, as reported by the on-chain analytics firm Coinglass.
Data reveals that traders are over-leveraged at $0.0000095 on the lower side (support), where only $11.30K worth of long positions have been built. In contrast, $0.00001062 is another over-leveraged level on the upper side (resistance), where traders have built $271.30K worth of short positions.
Source: Coinglass
Examining this on-chain metric, it appears that short sellers are currently dominating, with minimal interest in going long on BONK. This could easily push the meme coin lower and lead to a breach of its support level.
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Bonk (BONK), the popular Solana-based meme coin, is on the verge of a massive price crash. This bearish outlook emerges during a period when major cryptocurrencies are experiencing massive sell-offs and price crashes. BONK Technical Analysis and Upcoming Level According to expert technical analysis, BONK appears bullish but is currently at a make-or-break level of …
