Pepe Coin Price Analysis: Recent Market Dynamics

Pepe Coin 價格分析：近期市場動態

Since the weekend, Bitcoin has been consolidating, struggling to maintain its position above $65,000. This stagnation has impacted altcoins like Pepe coin, which has retreated from its resistance level of $0.00000920. Over the past three days, Pepe coin has experienced a 10% decline in value. However, the low trading volume suggests a lack of conviction among sellers.

自周末以來，比特幣一直在盤整，努力維持在 65,000 美元以上的位置。這種停滯影響了 Pepe 幣等山寨幣，該幣已從 0.00000920 美元的阻力位回落。過去三天，佩佩幣的價值下跌了 10%。然而，交易量低表示賣家缺乏信心。

Potential for a Rally to $0.00001

反彈至 0.00001 美元的潛力

Read also: Pepe Coin: Smart Money Buys 143 Bln PEPE, $0.00001 On The Horizon?

另請閱讀：Pepe Coin：聰明的錢購買 1,430 億個 PEPE，價值 0.00001 美元即將到來？

Whale Selling Raises Concerns

鯨魚拋售引發擔憂

Bullish Momentum Prior to Consolidation

盤整前的看漲勢頭

Over the past three weeks, Pepe coin has witnessed a steady recovery, forming a higher low higher high pattern on the daily chart. This bullish rally resulted in 113% growth, with the price rising from $0.00000393 to $0.00000918.

過去三週，佩佩幣穩定回升，日線圖上形成高低高高格局。這次看漲反彈導致 113% 的成長，價格從 0.00000393 美元上漲至 0.00000918 美元。

During this rally, Pepe coin formed an inverted head and shoulder pattern, a bullish reversal pattern that signals a potential change in trend and renewed accumulation.

在這次反彈中，佩佩幣形成了倒置的頭肩形態，這是一種看漲反轉形態，預示著趨勢的潛在變化和新的累積。

Retest and Consolidation

重新測試和鞏固

On May 4th, Pepe coin broke out from its neckline at $0.000008, encouraging buyers to drive a sustainable recovery. However, with Bitcoin's weekend consolidation, Pepe coin has retested the breached resistance, allowing buyers to demonstrate its resilience for a higher rally.

5 月 4 日，Pepe 幣突破頸線至 0.000008 美元，鼓勵買家推動永續復甦。然而，隨著比特幣週末盤整，佩佩幣重新測試了突破的阻力位，使買家能夠展示其對更高反彈的彈性。

Whale Transaction Raises Speculation

鯨魚交易引發猜測

Spot On Chain recently tracked a significant Pepe coin transaction where a multisign wallet deposited 1.238T PEPE ($10.6M) into Binance, causing a 5.2% price drop. This whale held the PEPE for only three days and, if sold, earned a modest 1.28% profit ($134K). This transaction has raised speculation about potential insider knowledge influencing the sale.

Spot On Chain 最近追蹤了一筆重要的 Pepe 幣交易，其中一個多重簽名錢包將 1.238T PEPE（1060 萬美元）存入幣安，導致價格下跌 5.2%。這隻鯨魚只持有 PEPE 三天，如果出售，將獲得 1.28% 的微薄利潤（13.4 萬美元）。這項交易引發了人們對潛在內線消息影響這筆交易的猜測。