PEPE Experiences Significant Price Correction

PEPE 經歷大幅價格調整

PEPE, the well-known memecoin, has faced a series of price adjustments since reaching its all-time high, resulting in a loss of bullish momentum. According to CoinMarketCap, PEPE's value has dropped over 7% in the past week, with a 6% decrease in the last 24 hours. This downturn raises concerns about a potential market reversal, especially given the emergence of a symmetrical triangle pattern on the coin's chart.

眾所周知的 memecoin PEPE 自觸及歷史高點以來經歷了一系列價格調整，導致看漲勢頭喪失。根據 CoinMarketCap 的數據，PEPE 的價值在過去一周下跌了 7% 以上，在過去 24 小時內下跌了 6%。這種低迷引發了人們對潛在市場逆轉的擔憂，特別是考慮到代幣圖表上出現對稱三角形圖案。

Current Market Conditions

目前的市場狀況

PEPE is currently trading at $0.00001089, with a market capitalization of over $4.5 billion. Despite the bullish chart pattern, the coin has fallen below the lower boundary of this formation, suggesting potential further declines. If this bearish trend persists, PEPE could reach a support level of $0.00000898. Conversely, a bullish breakout could see PEPE approaching its all-time high once again.

PEPE 目前的交易價格為 0.00001089 美元，市值超過 45 億美元。儘管圖表形態看漲，但代幣已跌破該形態的下限，顯示可能進一步下跌。如果這種看跌趨勢持續下去，PEPE 可能會達到 0.00000898 美元的支撐位。相反，看漲突破可能會讓 PEPE 再次逼近歷史高點。

Market Analysis

市場分析

Data from Santiment indicates increased selling pressure on PEPE recently, with a spike and subsequent decline in its circulating supply on exchanges. Interestingly, large investors ("whales") have been accumulating PEPE, increasing the supply held by top-tier addresses despite the overall selling pressure in the market. This accumulation could be a positive signal for the coin.

Santiment 的數據顯示，最近 PEPE 的拋售壓力增加，交易所流通供應量激增，隨後又下降。有趣的是，儘管市場整體面臨拋壓，但大型投資者（「鯨魚」）一直在累積 PEPE，增加了頂級地址持有的供應量。這種累積可能對代幣來說是一個正面訊號。

Key Takeaways for Investors

投資者的主要收穫

Investors can draw several actionable insights from the current market situation:

投資人可以從目前的市場情勢中得出一些可行的見解：

• Monitor the $0.00000898 support level for potential buying opportunities if the bearish trend continues.
• A breakout above the symmetrical triangle could signal a significant bullish move, making it a critical point for buying.
• Whale accumulation suggests potential bullish sentiment; keep an eye on top-tier address activity.
• Observe PEPE's RSI and MACD indicators for early indications of trend reversals.

Overall, PEPE exhibits a delicate balance between bearish and bullish signals, with market indicators such as RSI and MACD leaning towards bearish trends. However, the Chaikin Money Flow (CMF) indicates an upward movement, which could benefit the bulls. According to Hyblock Capital, while PEPE could potentially fall to its support level, a rally supported by the bulls might push the price to $0.0000136 before retesting its all-time high.

如果看跌趨勢持續，請監控 0.00000898 美元的支撐位，尋找潛在的買入機會。關注頂級位址活動。 。然而，柴金資金流向（CMF）顯示上升趨勢，這可能有利於多頭。據 Hyblock Capital 稱，雖然 PEPE 可能會跌至支撐位，但多頭支援的反彈可能會將價格推至 0.0000136 美元，然後重新測試歷史高點。