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Jakarta, Pintu News – The crypto market is currently still in a consolidation phase, with Bitcoin (BTC) remaining slightly below its record high.
The main factors that will affect the industry this week are the upcoming Federal Reserve meeting minutes as well as the tariff deadline set by President Donald Trump on July 9.
Some of the top cryptocurrencies worth watching this week are Bonk (BONK), Aptos (APT), and Pi Network (PI).
Bonk, the largest meme coin on the Solana (SOL) network, will be in the spotlight this week as its upward trend continues. The coin has rallied for five consecutive days and is now at its highest level since May 23.
Read also: 3 Bonk Ecosystem Meme Coins Poised for a Massive Breakout This Week!
Bonk has broken above the 23.6% Fibonacci Retracement level at $0.00002095 and is now approaching an important resistance level at $0.000025, which was the high point on May 12.

In addition, Bonk has also moved above its 50-day and 100-daymoving averages, indicating that the bulls are in control of the market. The Relative Strength Index (RSI) and MACD indicators are also showing an uptrend.
Therefore, the price of Bonk will most likely continue to rise, with the next point to watch being the 50% retracement level at $0.00003453.
Aptos, one of the leading layer-1 networks, will take center stage this week as it is about to conduct a $50 million token unlock. Generally, cryptocurrency prices tend to drop after a token unlock, as the number of tokens in circulation increases.
Aptos price has been on a downward trend so far this year, dropping from a high of $15.28 in November to $4.48 currently. Its chart is forming a descending channel pattern and moving below the 50-day and 100-day Exponential Moving Average (EMA).

The MACD indicator has moved below the zero line, while the Relative Strength Index (RSI) has also dropped below the neutral 50 point.
Therefore, Aptos prices are likely to continue to weaken this week, with an important level to watch being the year-to-date low of $3.82.
Pi Network will be in the spotlight this week as it is currently at a crucial support level, which could potentially trigger a rebound. The token had dropped to a low of $0.46 on July 6, which was also the lowest price in April and June.
Read also: Pi Network Price Jumps 4% Today (July 7) — But With Sellers Still in Control, Is a Crash Coming?
This price drop coincided with a Bollinger Band squeeze, where the distance between the three Bollinger Band lines narrowed.

As such, there is a possibility that the token will experience a bounce back this week as long as it stays above the $0.46 support level.
If there is a rebound, the price has the opportunity to retest the important resistance level at $1.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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Kegiatan perdagangan aset crypto dilakukan oleh PT Pintu Kemana Saja, suatu perusahaan Pedagang Aset Keuangan Digital yang berizin dan diawasi oleh Otoritas Jasa Keuangan serta merupakan anggota PT Central Finansial X (CFX) dan PT Kliring Komoditi Indonesia (KKI). Kegiatan perdagangan kontrak berjangka atas aset crypto dilakukan oleh PT Porto Komoditi Berjangka, suatu perusahaan Pialang Berjangka yang berizin dan diawasi oleh BAPPEBTI serta merupakan anggota CFX dan KKI. Kegiatan perdagangan aset crypto adalah kegiatan berisiko tinggi. PT Pintu Kemana Saja dan PT Porto Komoditi Berjangka tidak memberikan rekomendasi apa pun mengenai investasi dan/atau produk aset crypto. Pengguna wajib mempelajari secara hati-hati setiap hal yang berkaitan dengan perdagangan aset crypto (termasuk risiko terkait) dan penggunaan aplikasi. Semua keputusan perdagangan aset crypto dan/atau kontrak berjangka atas aset crypto merupakan keputusan mandiri pengguna.