Pepe Price Slumps as Whale Support Fades

隨著鯨魚支持的減弱，佩佩價格暴跌

The price of Pepe has seen a downward trend this week, failing to break above key support levels. Despite a recent rebound in the cryptocurrency market, Pepe continues to face selling pressure. Large-scale investors have also reduced their holdings, potentially signaling further price declines.

佩佩的價格本週出現下跌趨勢，未能突破關鍵支撐位。儘管最近加密貨幣市場出現反彈，但 Pepe 仍然面臨拋售壓力。大型投資者也減持了股份，這可能預示著價格進一步下跌。

Whale Transaction Volume Drops

鯨魚交易量下降

Over the past 24 hours, Pepe experienced significant liquidations, with bulls closing positions amidst a bearish trend. Coinglass reports total liquidations of $1.51 million, with $1.3 million attributed to buyers.

過去24小時內，佩佩經歷了大幅平倉，多頭在看跌趨勢中平倉。 Coinglass 報告總清算額為 151 萬美元，其中 130 萬美元歸買家所有。

The decline in Pepe's price coincides with a drop in whale transactions exceeding $100,000. According to IntoTheBlock, whale transaction volume has fallen to $48.7 million, down from $190 million on July 5th.

Pepe 價格的下跌與鯨魚交易額超過 10 萬美元的下降同時發生。根據 IntoTheBlock 數據顯示，鯨魚交易額已從 7 月 5 日的 1.9 億美元降至 4,870 萬美元。

Impact on Pepe's Price

對佩佩價格的影響

The reduced buying pressure from whales could weigh on Pepe's price. Additionally, the diminished presence of large investors may erode market confidence.

來自鯨魚的購買壓力減少可能會影響佩佩的價格。此外，大型投資者的減少可能會削弱市場信心。

Technical Analysis

技術分析

Pepe's downtrend is evident in its consolidating price between $0.00001 and $0.0000078. Despite support from bulls, a break below $0.00000768 could trigger further declines, potentially reaching $0.0000041.

Pepe 的下跌趨勢在其 0.00001 美元至 0.0000078 美元之間的盤整價格中顯而易見。儘管受到多頭的支持，但跌破 0.00000768 美元可能會引發進一步下跌，有可能觸及 0.0000041 美元。

Conversely, the resistance at $0.00001 remains a key hurdle. A突破 this barrier could initiate a recovery, potentially aided by the 50-day Simple Moving Average (SMA) at $0.0000136.

相反，0.00001 美元的阻力仍然是一個關鍵障礙。突破這一障礙可能會引發復甦，可能會受到 0.0000136 美元的 50 天簡單移動平均線 (SMA) 的幫助。