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BONK setup, 2025 July
Looking for a "classic" setup of: - a divergence between price surge and on-chain metrics (active addresses and tx volumes) - decline of a "social dominance", that is when minds of the speculators move to another topic if the history repeats itself, we might see two tops, the first one comes on a "social dominance decline" and the final on "divergence", or other way around - the first one on a "divergence" and the final on a "social dominance moving away". The latter was the case during the previous top
