Pump.fun Relaunches Live Streaming After 5-Month Suspension
After five months of suspension, the meme creation platform Pump.fun is gradually reintroducing its live streaming feature. This relaunch is accompanied by new moderation measures and occurs in a challenging context for the memecoin ecosystem.
Alon Cohen, co-founder of Pump.fun, recently announced the reactivation of live streaming on the meme creation platform based on Solana .
This feature had been abruptly suspended in November 2024 due to a proliferation of extreme and harmful content that had overwhelmed the platform. Five months later, Pump.fun is attempting a more measured approach.
In his announcement posted on X, Cohen specifies that this reintroduction comes with “moderation systems compliant with industry standards” and transparent community rules.
For now, only 5% of users can access this feature, while the team tests the effectiveness of its new safety measures and adjusts its policies.
The new moderation policy aims to find a delicate balance between creativity, freedom of expression, and user safety. It explicitly prohibits violent content, animal abuse, pornography, and anything that could endanger minors.
However, the language used in this policy remains relatively vague regarding the precise definition of “inappropriate content,” leaving significant room for interpretation.
The platform acknowledges that some content deemed NSFW (Not Safe For Work) may still appear and reserves the right to moderate content according to its own criteria.
This relaunch of live streaming occurs in a particularly unfavorable environment for the memecoin ecosystem.
Investor interest in this sector has seen a significant decline, exacerbated by several scandals and highly publicized token withdrawals like LIBRA and MELANIA. The Trump token (TRUMP) has also seen its value drop by over 90% from its peak in January.
Recent data from Dune Analytics reveals a concerning situation for Pump.fun. The graduation rate of tokens on the platform, that is, the percentage of tokens that manage to pass the incubation phase to become fully tradable on a Solana DEX, has fallen below 1%, down from 1.67% at the beginning of the year.
This situation reflects the broader difficulties of Solana . The VanEck report shows that revenues and trading volumes on smart contract platforms have dropped by 36% and 40% respectively. Solana is particularly suffering, with a 66% collapse in revenue related to daily fees.
To address this situation, Pump.fun recently left Raydium to launch PumpSwap, its own DEX. This strategic decision aims to stem the decline in its revenues and limit the carnage of memecoins on its platform.
Thus, the relaunch of live streaming is an attempt at revitalization during a critical period for Pump.fun . Its success will depend on the effectiveness of the new moderation measures and the ecosystem’s ability to win back investors after several months of decline.
Bitcoin Price Crash to $60,000? Here's What the Charts Say Now
Bitcoin (BTC) is currently dancing on a razor’s edge near $82,500, and traders are watching nervously. After a period of sideways consolidation, the crypto giant is showing early signs of weakness—raising the question: Is Bitcoin price preparing for a deep drop to $60,000 , or is this a bear trap before the next rally? Let’s dive into the daily and hourly charts to decode the truth behind BTC’s next major move.
On the daily chart, Bitcoin continues to struggle below major resistance levels. The Heikin Ashi candles are small-bodied and red, signaling a lack of momentum and indecision in the market. Price action is firmly below all major moving averages—with the 20 SMA at $84,477, 50 SMA at $86,921, and 100 SMA at $92,808. This alignment indicates a clear bearish structure where each rally is being sold into.
What’s more concerning is that Bitcoin has failed multiple times to reclaim the 100-day SMA, indicating sustained selling pressure from institutions and swing traders. The presence of the 200 SMA below current price around $86,675 had acted as a temporary support in March, but it has now turned neutral as price hovers well below it.
The ADL (Accumulation/Distribution Line) has sharply dropped, confirming distribution over accumulation. This means that even during slight upward moves, smart money has been offloading, not adding to positions. Without a turn in the ADL, any bounce is suspect.
Zooming into the 1-hour chart, the picture becomes even more clear: Bitcoin is grinding downward in a slow, controlled bleed. After peaking briefly around $87K on April 2nd, BTC experienced sharp rejection and has since been forming lower highs. The recent attempt to climb was stopped cleanly at the 200 SMA near $83,300, confirming it as short-term resistance.
The moving averages on the hourly (20, 50, and 100 SMA) are compressing and curving downward, which typically leads to momentum breakdowns, especially when paired with flat volume and fading bullish candles. The most recent Heikin Ashi candles are small-bodied and leaning bearish, showing that the bulls are losing steam and failing to defend even intraday bounces.
The hourly ADL is declining, further confirming the lack of demand at current price levels. Retail interest appears low, and there’s no sign of whale-driven accumulation on this timeframe either.
Immediate support lies at $82,000, which has been tested several times over the past few sessions. A decisive break below this level could trigger a sharp selloff down to $78,500, with a psychological and structural support zone around $75,000. If that fails, then the long-feared move toward $69,000–$60,000 could come into play quickly.
On the upside, resistance sits heavy around $84,500, followed by $86,900, both marked by the daily 20 and 50 SMA zones. Only a break above $87,500–$88,000, backed by volume, would confirm a bullish reversal and negate the current bearish setup.
Short-Term Outlook (Next 48–72 hours): If $82,000 fails, expect a fast drop to $78,000 or lower. If bulls hold the line and reclaim $84,500 with volume, we might see a short-term bounce to $87K.
Mid-Term Outlook (Next 1–2 weeks): Without a break above the 100-day SMA, Bitcoin price is at risk of cascading down to $75,000. Market sentiment is fragile, and macroeconomic news or ETF flows could tip the balance.
Long-Term Outlook (Rest of April 2025): If $75,000 breaks in April, then a full correction down to $60,000 is on the table. However, if bulls manage to regain $90K territory, it could open the door back to $100K.
The charts are clear—Bitcoin price is at a critical level. The current structure favors bears, with no strong signs of reversal just yet. Accumulation is weak, momentum is fading, and major resistances are pushing BTC price lower. Unless bulls step in with force soon, a deep correction could be just around the corner.
So, is Bitcoin price heading for $60,000 or ready to bounce? For now, the trend says: Proceed with caution.
Bitcoin (BTC) is currently dancing on a razor’s edge near $82,500, and traders are watching nervously. After a period of sideways consolidation, the crypto giant is showing early signs of weakness—raising the question: Is Bitcoin price preparing for a deep drop to $60,000 , or is this a bear trap before the next rally? Let’s dive into the daily and hourly charts to decode the truth behind BTC’s next major move.
On the daily chart, Bitcoin continues to struggle below major resistance levels. The Heikin Ashi candles are small-bodied and red, signaling a lack of momentum and indecision in the market. Price action is firmly below all major moving averages—with the 20 SMA at $84,477, 50 SMA at $86,921, and 100 SMA at $92,808. This alignment indicates a clear bearish structure where each rally is being sold into.
What’s more concerning is that Bitcoin has failed multiple times to reclaim the 100-day SMA, indicating sustained selling pressure from institutions and swing traders. The presence of the 200 SMA below current price around $86,675 had acted as a temporary support in March, but it has now turned neutral as price hovers well below it.
The ADL (Accumulation/Distribution Line) has sharply dropped, confirming distribution over accumulation. This means that even during slight upward moves, smart money has been offloading, not adding to positions. Without a turn in the ADL, any bounce is suspect.
Zooming into the 1-hour chart, the picture becomes even more clear: Bitcoin is grinding downward in a slow, controlled bleed. After peaking briefly around $87K on April 2nd, BTC experienced sharp rejection and has since been forming lower highs. The recent attempt to climb was stopped cleanly at the 200 SMA near $83,300, confirming it as short-term resistance.
The moving averages on the hourly (20, 50, and 100 SMA) are compressing and curving downward, which typically leads to momentum breakdowns, especially when paired with flat volume and fading bullish candles. The most recent Heikin Ashi candles are small-bodied and leaning bearish, showing that the bulls are losing steam and failing to defend even intraday bounces.
The hourly ADL is declining, further confirming the lack of demand at current price levels. Retail interest appears low, and there’s no sign of whale-driven accumulation on this timeframe either.
Immediate support lies at $82,000, which has been tested several times over the past few sessions. A decisive break below this level could trigger a sharp selloff down to $78,500, with a psychological and structural support zone around $75,000. If that fails, then the long-feared move toward $69,000–$60,000 could come into play quickly.
On the upside, resistance sits heavy around $84,500, followed by $86,900, both marked by the daily 20 and 50 SMA zones. Only a break above $87,500–$88,000, backed by volume, would confirm a bullish reversal and negate the current bearish setup.
Short-Term Outlook (Next 48–72 hours): If $82,000 fails, expect a fast drop to $78,000 or lower. If bulls hold the line and reclaim $84,500 with volume, we might see a short-term bounce to $87K.
Mid-Term Outlook (Next 1–2 weeks): Without a break above the 100-day SMA, Bitcoin price is at risk of cascading down to $75,000. Market sentiment is fragile, and macroeconomic news or ETF flows could tip the balance.
Long-Term Outlook (Rest of April 2025): If $75,000 breaks in April, then a full correction down to $60,000 is on the table. However, if bulls manage to regain $90K territory, it could open the door back to $100K.
The charts are clear—Bitcoin price is at a critical level. The current structure favors bears, with no strong signs of reversal just yet. Accumulation is weak, momentum is fading, and major resistances are pushing BTC price lower. Unless bulls step in with force soon, a deep correction could be just around the corner.
So, is Bitcoin price heading for $60,000 or ready to bounce? For now, the trend says: Proceed with caution.