Cryptocurrency Market Outlook: Stagnant volatility, Mixed Performance

加密貨幣市場展望：波動停滯，表現參差不齊

The cryptocurrency market has exhibited a combination of stability and volatility this week. While market leaders like Bitcoin and Ethereum seek stability, meme coins have faced a decline, with notable losses in PEPE, WIF, and Brett.

本週，加密貨幣市場表現出穩定與波動的結合。雖然比特幣和以太坊等市場領導者尋求穩定，但模因幣面臨下跌，PEPE、WIF 和 Brett 的跌幅顯著。

Meme Coins Struggle: Correction Phase Continues

Meme 幣鬥爭：修正階段仍在持續

The meme coin sector, which had a strong showing in the first quarter, has entered a correction phase and underperformed market leaders. Dogwifhat (WIF), Brett (BRETT), and Pepe (PEPE) have been the most notable performers of the week.

第一季表現強勁的表情幣板塊已進入調整階段，表現落後於市場龍頭。 Dogwifhat (WIF)、Brett (BRETT) 和 Pepe (PEPE) 是本週最引人注目的表演者。

Dogwifhat (WIF): Losses Mount

Dogwifhat (WIF)：損失不斷增加

WIF began the week positively but fell short of sustaining momentum, facing rejection at $1.80. It has lost approximately 30% of its value, making it the worst-performing cryptocurrency of the week.

WIF 本週開局積極，但未能維持勢頭，在 1.80 美元處遭遇拒絕。它的價值已經損失了大約 30%，成為本週表現最差的加密貨幣。

A resumption of the selling trend is evident on the daily chart, following a brief pullback. WIF encountered strong selling pressure in late July and broke below monthly lows. A further 15% decline is possible until reaching the demand zone at $1.21.

在短暫回調之後，日線圖上明顯出現了拋售趨勢的恢復。 WIF 在 7 月下旬遭遇強勁賣壓並跌破月低點。在到達 1.21 美元的需求區域之前，可能會進一步下跌 15%。

Brett (BRETT): Downward Spiral

布雷特（BRETT）：向下螺旋

BRETT is the second-worst performing asset this week, losing close to 18%. It has been in a correction phase since June, forming successive lower highs.

BRETT 是本週表現第二差的資產，下跌近 18%。 6月份以來一直處於調整階段，形成連續走低的高點。

The daily chart shows a declining parallel channel pattern, with the price bound within its boundaries. Despite a live market capitalization of $837.4 and a ranking of 71st, BRETT remains below key exponential moving averages, indicating a bearish trend.

日線圖顯示出下降的平行通道模式，價格在其邊界內。儘管即時市值為 837.4 美元，排名第 71 位，但 BRETT 仍低於關鍵指數移動平均線，顯示看跌趨勢。

Pepe (PEPE): Price Action

佩佩 (PEPE)：價格走勢

PEPE has lost nearly 14% this week, becoming the third-worst performer. The PEPE/USD chart displays a falling wedge formation. Currently trading near $0.0000074, it has gained 0.04% intraday.

PEPE本週下跌近14%，成為表現第三差的股票。 PEPE/USD 圖表顯示下降楔形。目前交易價格接近 0.0000074 美元，盤中上漲 0.04%。

Pepe, a meme coin inspired by the internet meme "Pepe the Frog," has a deflationary model built on Ethereum. It ranks as the third-largest memecoin cryptocurrency, behind Dogecoin and Shiba Inu.

Pepe 是一種受網路迷因「Pepe the Frog」啟發的迷因幣，具有基於以太坊的通貨緊縮模型。它是第三大模因幣加密貨幣，僅次於狗狗幣和柴犬。

Currently, Pepe is consolidating near the demand zone and the lower boundary of the falling wedge pattern. A breakout above $0.0000087 could lead to a rise towards $0.0000109.

目前，佩佩正在需求區域和下降楔形形態的下邊界附近盤整。突破 0.0000087 美元可能導致價格上漲至 0.0000109 美元。