u/chatilo

Six Green Weeks Streak Broken: Crypto Sees First Red Week, TON Cooling Off, and Memecoins (Including BANANA) Looking for Momentum

Six Green Weeks Streak Broken: Crypto Sees First Red Week, TON Cooling Off, and Memecoins (Including BANANA) Looking for Momentum

Crypto investment products ended their hot streak. After six straight green weeks (peaking at 857.9M inflows), last week turned red with around 920M in outflows. Bitcoin led the selling as the market turned more cautious. Total AUM pulled back from recent highs.

TON Heating Up… then sharp pullback

TON had a strong early-May run, pumping 50-60%+ on Telegram momentum, Pavel Durov’s support, ecosystem upgrades, and growing on-chain activity. Now it’s correcting, trading in the 1.90–2.00 area after hitting higher levels. Many are calling this healthy profit-taking rather than a full reversal, with Telegram integrations and memecoin activity still providing solid tailwinds.

Memecoins Trying to Revive + Spotlight on BANANA

The meme sector remains selective. Solana continues to lead most of the sporadic action (WIF, BONK, PEPE etc.), while TON memes had their moment during TON’s pump but cooled off with the token.

One project standing out is BANANA (Banana Gun), the token tied to a leading Telegram trading bot:

  • Strong real utility: Banana Gun bot continues to deliver solid volume even in quieter market conditions
  • Lifetime stats: 15B+ total trading volume and 24M+ trades executed, with over 1M registered users
  • Revenue sharing: 40% of platform fees distributed directly to BANANA holders every 4 hours

The bot is well known for speed, MEV protection, sniping tools, and multi-chain trading through its Telegram interface and Pro web terminal.

TL;DR:

  • 6-week institutional inflow streak broken → first red week
  • TON: big pump followed by healthy correction
  • Memecoins selective, with BANANA standing out thanks to real bot revenue and fee sharing

Bitcoin is hovering near the 76k–78k range. We’re in a consolidation phase where projects with actual utility and revenue could differentiate themselves.

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u/chatilo — 4 days ago

Everyone’s still bullish on Bitcoin despite the ongoing geopolitical noise. Today the asset broke above $80,000 and is currently trading around $81,600.

In previous reviews I mentioned that price was approaching a level where a reaction was inevitable. Above $80,000 there was a CME gap, so it made sense to sweep liquidity there. At the same time, the overall move looked like a weak grind within a channel, with $80,000 acting as the upper boundary.

Eventually, buyers managed to break through, taking that level and fully closing the CME gap above it. Capital is now actively rotating into Bitcoin, and we’re seeing inertia-driven growth alongside strong moves in equities. However, as I pointed out before, this rally still doesn’t inspire confidence. The main issue is uncertainty around upcoming inflation data and future Fed decisions. Inflation data comes with a lag, but the direction is fairly clear and it’s not improving. That puts the Fed in a position where they may have to react, which could become a pressure point for an already fragile crypto market.

As for the current zone, it remains critical for Bitcoin’s next move. The level has been taken, liquidity above has been cleared, and shorts got squeezed hard.

From here, there are two paths. If buyers hold above $80,000, it confirms a breakout from the channel that’s been forming since the $60,000 area. If price rejects and drops back below, then this becomes a false breakout, likely followed by a move down a classic shakeout of late longs who already believe $100,000 is next.

Right now the market is at a crossroads. But with key macro data approaching, I lean toward a weaker, red summer for Bitcoin.

u/chatilo — 17 days ago