Pepe Coin Price Faces Market Divide

Pepe Coin 價格面臨市場分化

Pepe Coin's price has remained subdued compared to other leading cryptocurrencies due to a market division between bearish traders and bullish long-term investors. Despite securing a free listing on HashKey exchange in Hong Kong, the asset faces significant resistance.

由於看跌交易者和看漲長期投資者之間的市場分歧，與其他領先的加密貨幣相比，佩佩幣的價格仍然較低。儘管已在香港 HashKey 交易所免費上市，但該資產仍面臨重大阻力。

Whales vs Traders

鯨魚與交易者

The current price stagnation stems from a power struggle between large holders (whales) and retail traders. While whales accumulate PEPE, retail traders exhibit bearish sentiment, as evidenced by data from Coinglass.

目前的價格停滯源自於大持有者（鯨魚）和散戶之間的權力鬥爭。正如 Coinglass 的數據所證明的那樣，雖然鯨魚累積了 PEPE，但零售交易商卻表現出看跌情緒。

Short Positions Closing

空頭平倉

The PEPE Crypto Derivatives Visualizer indicates that traders are closing short positions in profit, leading to a drop in open interest (OI). However, a second metric suggests that new long positions are not being opened, indicating potential bearishness.

PEPE 加密貨幣衍生性商品視覺化工具表明，交易者正在平倉獲利，導致未平倉合約 (OI) 下降。然而，第二個指標顯示新的多頭部位並未建立，顯示潛在的看跌情緒。

Whale Accumulation

鯨魚堆積

In contrast, large holders remain bullish on PEPE, accumulating the asset over the past 48 hours. Data from Santiment shows increased whale activity, with an increase in active addresses signaling new user growth.

相較之下，大型持有者仍然看好 PEPE，在過去 48 小時內累積了該資產。 Santiment 的數據顯示，鯨魚活動增加，活躍地址的增加表明新用戶的成長。

Bullish Price Potential

看漲價格潛力

The Pepe Coin price chart suggests a potential 68% upswing. The descending wedge pattern with a resistance at $0.00000835, if broken, could trigger a double bottom reversal, potentially leading to a price surge to $0.00001200.

Pepe Coin 價格圖表顯示潛在的 68% 上漲。下降楔形的阻力位在 0.00000835 美元，如果被突破，可能會引發雙底反轉，可能會導致價格飆升至 0.00001200 美元。

Overbought Conditions

超買狀況

However, the overbought Stochastic RSI may indicate short-term selling pressure or a pullback. Nonetheless, in strong uptrends, overbought conditions can persist for extended periods.

然而，超買的隨機 RSI 可能表示短期拋售壓力或回調。儘管如此，在強勁的上升趨勢中，超買狀況可能會持續較長時間。

Key Levels

關鍵等級

Success above $0.00000835 would validate the bullish case, while a failure to hold above the 200 EMA could send PEPE down to $0.00000700 or even lower, invalidating the rally.

成功突破 0.00000835 美元將驗證看漲情況，而未能守住 200 EMA 上方可能會使 PEPE 跌至 0.00000700 美元甚至更低，從而使反彈無效。