PEPE Shows Resilience and Potential for Growth

PEPE 顯示出韌性和成長潛力

Analyst observations suggest that PEPE may experience a bull run that surpasses its all-time-high value. However, on-chain indicators hint at a possible significant decline prior to the anticipated rally.

分析師觀察表明，PEPE 可能會經歷一次超過其歷史最高值的牛市。然而，鏈上指標暗示在預期反彈之前可能會大幅下跌。

Despite the recent market downturn, the third-largest memecoin, PEPE, has demonstrated remarkable resilience, maintaining support at $0.0000080. In the past 24 hours, PEPE has surged 10%, currently trading at $0.00000866.

儘管最近市場低迷，但第三大模因幣 PEPE 表現出了非凡的韌性，並維持在 0.0000080 美元的支撐位。過去 24 小時內，PEPE 飆升 10%，目前交易價格為 0.00000866 美元。

Trading volume has also increased by 10%, with $1.14 billion in transactions. Market data indicates a total liquidation of $2.4 million, including $1.4 million in long positions and $1 million in short positions. Analysts believe this suggests active trading activity and potential market volatility.

交易量也成長了 10%，交易額達到 11.4 億美元。市場數據顯示，總清算額為240萬美元，其中多頭部位140萬美元，空頭部位100萬美元。分析師認為，這顯示交易活動活躍且潛在的市場波動。

Crypto analyst Sjuul notes similarities between PEPE's current price behavior and its movement in April, when it established the $0.0000060 support level before a bull run to its all-time high. Sjuul suggests that the bottom formation process takes time, indicating that PEPE may need some time to complete it before the expected rally.

加密貨幣分析師 Sjuul 指出，PEPE 目前的價格行為與 4 月的走勢有相似之處，當時 PEPE 在牛市升至歷史高點之前確立了 0.0000060 美元的支撐位。 Sjuul表示，底部形成過程需要時間，這表明PEPE可能需要一些時間才能在預期反彈之前完成。

Technical analysis reveals a potential range formation between $0.000008 and $0.000013, with the MACD falling below neutral. Additionally, on-chain activities show that PEPE whales have been distributing their assets, while exchange supply has increased, potentially leading to selling pressure.

技術分析顯示，潛在的區間形成於 0.000008 美元至 0.000013 美元之間，MACD 跌破中性線。此外，鏈上活動表明 PEPE 鯨魚一直在分配其資產，而交易所供應量增加，可能會導致拋售壓力。

However, the bearish on-chain signals are similar to those observed in July, when a whale deposited a significant amount of PEPE into Binance for potential liquidation. Furthermore, non-exchange address accumulation has declined, suggesting reduced large investor interest. The Open Interest (OI) has also slipped into the negative zone, indicating more short positions than long ones.

然而，看跌的鏈上訊號與 7 月觀察到的訊號類似，當時一隻鯨魚將大量 PEPE 存入幣安以進行潛在的清算。此外，非交易所地址累積有所下降，顯示大型投資者的興趣下降。未平倉合約 (OI) 也滑入負值區域，顯示空頭部位多於多頭部位。

Overall, while PEPE's potential for growth remains, on-chain indicators suggest the possibility of a deep price drop before the anticipated rally.

總體而言，雖然 PEPE 的成長潛力仍然存在，但鏈上指標表明，在預期反彈之前，價格可能會大幅下跌。