Bitcoin's Drop Impacts PEPE Coin's Performance

比特幣下跌影響 PEPE 幣的表現

After Bitcoin (BTC) dipped to $48,800 on August 5th, Pepe (PEPE) experienced a sharp decline, reaching the 78.6% Fibonacci retracement level of $0.0000068.

比特幣（BTC）於 8 月 5 日跌至 48,800 美元後，佩佩（PEPE）經歷了大幅下跌，觸及 78.6% 斐波那契回撤位 0.0000068 美元。

PEPE Coin Sentiment

PEPE 代幣情緒

Despite the decline, PEPE's 3-day weighted sentiment indicator has been shifting positive, suggesting growing optimism on social media. Additionally, inactive circulation remained steady, while the average cryptocurrency age increased, indicating accumulation activity.

儘管有所下降，但 PEPE 的 3 天加權情緒指標一直轉為正值，表明社交媒體上的樂觀情緒日益增長。此外，不活躍流通量保持穩定，而平均加密貨幣年齡增加，顯示累積活動。

Potential Recovery

潛在的恢復

The stable inactive circulation and rising average cryptocurrency age could contribute to PEPE's recovery. However, the coin previously encountered resistance at $0.000013 in July and has yet to overcome it.

穩定的不活躍流通和不斷上升的平均加密貨幣年齡可能有助於 PEPE 的復甦。然而，該代幣此前曾在 7 月遇到 0.000013 美元的阻力，但尚未克服。

Technical Analysis

技術分析

PEPE's daily outlook suggests a potential rise. For this to materialize, the price needs to surpass $0.000009. The MACD indicator also indicates a weakening downtrend and increased OBV (On-Balance Volume).

PEPE 的每日前景顯示潛在上漲。要實現這一點，價格需要超過 0.000009 美元。 MACD 指標也顯示下降趨勢減弱且 OBV（平衡量）增加。

Bullish Defense

看漲防禦

One encouraging sign is PEPE's successful defense of the $0.00000678 level, a key Fibonacci retracement. This suggests that despite the recent weakness, the bulls remain strong.

一個令人鼓舞的跡像是 PEPE 成功守住了 0.00000678 美元的水平，這是一個關鍵的斐波那契回調位。這顯示儘管近期疲軟，但多頭依然強勁。

Liquidation Zone

清算區

A 7-day review shows a high liquidation zone between $0.0000085 and $0.0000094. While the current uptrend is positive, a rise to these levels may trigger significant liquidation of short positions.

7 天的審查顯示高清算區域在 0.0000085 美元到 0.0000094 美元之間。雖然當前的上升趨勢是積極的，但上升到這些水平可能會引發空頭頭寸的大量清算。

Conclusion

結論

Investors may observe a price jump as liquidity is cleared. However, the sustainability of the rise depends on market demand and OBV indicators. If the uptrend continues in line with the market, PEPE could potentially regain the $0.00001 level.

隨著流動性被清理，投資者可能會觀察到價格上漲。但上漲的可持續性取決於市場需求和OBV指標。如果上漲趨勢繼續與市場一致，PEPE 可能會重新回到 0.00001 美元的水平。