PEPE Surges Following Dogecoin's Rally

狗狗幣上漲後 PEPE 飆升

PEPE, the "king of memecoins," has recently experienced a breakout similar to that of Dogecoin. The cryptocurrency has soared to new highs, marking a significant rally.

PEPE，“模因幣之王”，最近經歷了類似於狗狗幣的突破。加密貨幣已飆升至新高，標誌著大幅反彈。

Liquidity Rotation Fuels PEPE's Rise

流動性輪動推動 PEPE 上漲

The surge in PEPE's price was anticipated due to liquidity rotation within the cryptocurrency market. The previous all-time high (ATH) of $0.00001725 was surpassed on May 27, but it struggled to sustain momentum.

由於加密貨幣市場內的流動性輪動，預計 PEPE 價格將飆升。之前的歷史高點 (ATH) 於 5 月 27 日被突破 0.00001725 美元，但仍難以維持勢頭。

In the past month, PEPE has rallied by over 233%, reaching a new ATH of $0.00002597. At the time of writing, it is trading at $0.00002224.

過去一個月，PEPE 上漲超過 233%，達到新的 ATH 0.00002597 美元。截至撰寫本文時，其交易價格為 0.00002224 美元。

Robust Demand in Derivatives Market

衍生性商品市場需求旺盛

The latest rally was supported by strong demand in the derivatives segment. Futures open interest reached a record $281.84 million, indicating high demand from this sector.

最近的反彈受到衍生性商品領域強勁需求的支撐。期貨未平倉合約達到創紀錄的 2.8184 億美元，顯示該行業的需求很高。

Bearish Expectations Emerge

看跌預期出現

While PEPE has achieved a new ATH, bearish expectations are returning. Shorts have dominated trading in the last 24 hours, suggesting profit-taking may lead to sell pressure.

儘管 PEPE 達到了新的 ATH，但看跌預期正在捲土重來。在過去 24 小時內，空頭主導了交易，這表明獲利了結可能會導致拋售壓力。

Large Holder Flows Reveal Mixed Sentiment

大量持有者的流動揭示了複雜的情緒

Large holder flows reveal that whales have been actively involved in the rally, but they have also been playing both sides. Inflows have surged, but outflows have also increased.

大量持有者的流動表明，鯨魚一直在積極參與漲勢，但他們也一直在玩弄雙方。資金流入激增，但資金流出也有所增加。

The current data suggests that whales are taking profits, but there is still significant buying pressure. This may indicate further upside potential in the coming month as the bull market heats up.

目前的數據顯示鯨魚正在獲利了結，但仍存在巨大的購買壓力。隨著多頭市場升溫，這可能表明未來一個月還有進一步的上漲潛力。