The next 2 days are critical for altcoins. Markets are likely to experience speculative fluctuations. While the European Central Bank is reducing interest rates, a process in favor of the bull market may occur, as it is unlikely to act contrary to the Fed.

In the case of BONK Coin, it is observed that investors' optimism has begun to decrease. The uneasiness caused by macroeconomic developments in the BTC price is also reflected in BONK Coin investors.

The $0.00002748 level is critical for BONK Coin. This level has worked as both support and resistance and continues to support the bulls for now. However, a loss of this level could cause the popular meme coin to drop to $0.00002153.

If SOL Coin closes below the $160 and $162 levels, it may affect BONK Coin's poor performance. The relaxation in the Solana ecosystem also has a great impact. Although some new altcoins are showing a recovery in DEX volumes on the Solana network, altcoins traded on major exchanges are losing interest.