Bitcoin's Fall Impacts PEPE Coin

比特幣下跌影響 PEPE 幣

On August 5th, Bitcoin (BTC) plummeted to $48,800, triggering a ripple effect in the cryptocurrency market. Pepe Coin (PEPE) was significantly impacted, reaching the 78.6% Fibonacci retracement level at $0.0000068. While other meme coins rebounded from their August declines, PEPE's sharp drop raised concerns among investors.

8月5日，比特幣（BTC）暴跌至48,800美元，引發加密貨幣市場連鎖反應。 Pepe Coin (PEPE) 受到顯著影響，達到 78.6% 斐波那契回檔位 0.0000068 美元。雖然其他 meme 代幣從 8 月的跌勢中反彈，但 PEPE 的大幅下跌引起了投資者的擔憂。

PEPE Coin Investor Sentiment

PEPE 幣投資者情緒

Recent data suggests a slight increase in PEPE's 3-day weighted sentiment indicator, indicating more positive sentiment on social media. However, inactive circulation remains relatively unchanged. The rising average age of held cryptocurrencies indicates an increase in accumulation over the past week.

最近的數據顯示，PEPE 的 3 天加權情緒指標略有上升，顯示社群媒體上的情緒更加積極。然而，不活躍的流通量保持相對不變。持有加密貨幣的平均年齡不斷上升，顯示過去一周累積的增加。

Will PEPE Recover Its Value?

PEPE 會恢復其價值嗎？

Despite some signs of improvement, PEPE has faced resistance at the $0.000013 level since early June. Investors remain hopeful for a sustainable recovery, but the cryptocurrency must surpass $0.000009 to confirm an upward reversal. The MACD and OBV indicators show signs of weakening downtrends, providing cautious optimism.

儘管有一些改善的跡象，但 PEPE 自 6 月初以來一直面臨 0.000013 美元的阻力。投資者仍然對可持續復甦抱有希望，但加密貨幣必須超過 0.000009 美元才能確認向上逆轉。 MACD和OBV指標顯示下降趨勢減弱的跡象，提供謹慎樂觀。

Key Investor Takeaways:

主要投資者要點：

• The Fibonacci level of $0.00000678 serves as support.
• Potential high liquidation zones exist between $0.0000085 and $0.0000094.
• Monitor OBV and other indicators to assess sustained demand.

These metrics provide valuable insights for informed decision-making. If the upward trend aligns with market conditions, PEPE may reclaim the $0.00001 level. Investors are closely monitoring whether this level can be achieved, which would mark a significant milestone in its recovery.

斐波那契水準 0.00000678 美元作為支撐。如果上升趨勢與市場狀況相符，PEPE 可能會重返 0.00001 美元的水平。投資者正在密切關注是否能夠達到這一水平，這將標誌著其復甦的一個重要里程碑。

Note: The original post was first published on BH NEWS.

註：原帖首次發表於 BH NEWS。