Bullish Indicators Push Pepe Price Higher

看漲指標推高佩佩價格

Pepe price has witnessed a remarkable surge for the second consecutive day, mirroring the stabilization of the crypto market and the identification of bullish formations by traders. The token has ascended to $0.000012, approximately 25% above its monthly low. This recovery has propelled Pepe's market capitalization to near $5 billion.

Pepe 價格連續第二天大幅上漲，反映出加密貨幣市場的穩定和交易者對看漲形態的識別。該代幣已升至 0.000012 美元，比月度低點高出約 25%。這項復甦已將佩佩的市值推至接近 50 億美元。

Pepe's price surge aligns with the upturn of other meme coins. Popcat, a Solana-based meme coin, has surged by over 65%, while Tooker Kurlson, Jeo Boden, and Mog Coin have all experienced gains exceeding 30%.

佩佩的價格飆升與其他模因幣的上漲一致。基於 Solana 的迷因幣 Popcat 的漲幅超過 65%，而 Tooker Kurlson、Jeo Boden 和 Mog Coin 的漲幅均超過 30%。

The recovery is attributed to Bitcoin's resilience in maintaining its support above $60,000. On Tuesday, Bitcoin traded at $61,125, indicating investor confidence in the recovery.

此次復甦歸因於比特幣維持在 60,000 美元以上支撐位的韌性。週二，比特幣交易價格為 61,125 美元，顯示投資者對復甦充滿信心。

Pepe's stability has also benefited from data showing a steady proportion of whale holdings throughout the month. According to CoinMarketCap, whales held over 203 trillion PEPE tokens on Tuesday, the highest level since May 31st. Increased whale holdings are generally perceived as a positive sign for a coin. Etherscan estimates the number of Pepe holders has grown to over 247k.

佩佩的穩定性也得益於數據顯示整個月鯨魚持有量比例穩定。根據 CoinMarketCap 的數據，鯨魚週二持有超過 203 兆個 PEPE 代幣，這是 5 月 31 日以來的最高水準。鯨魚持有量的增加通常被認為是代幣的正面訊號。 Etherscan 估計 Pepe 持有者數量已增至超過 24.7 萬。

Traders have identified favorable patterns in Pepe's recent performance. The token has consistently remained above the 100-day Exponential Moving Average (EMA), indicating bullish control. Additionally, Pepe has formed a falling wedge chart pattern, a common bullish signal. On Tuesday, the token breached the upper boundary of this pattern.

交易員們已經發現佩佩近期表現的有利模式。該代幣一直保持在 100 日指數移動平均線 (EMA) 上方，顯示看漲控制。此外，佩佩形成了下降楔形圖表模式，這是一個常見的看漲訊號。週二，該代幣突破了該模式的上限。

Pepe has also exhibited a hammer candlestick pattern, characterized by a small head and an elongated lower shadow. This pattern often signals a reversal, particularly when accompanied by rising volume. CoinGecko data suggests that daily Pepe trading volume across exchanges has surpassed $865 million, up from $454 million on Monday.

佩佩也展示了錘子燭台形態，其特點是頭部較小，下影線較長。這種模式通常預示著反轉，尤其是在成交量上升的情況下。 CoinGecko 數據顯示，各交易所的 Pepe 每日交易量已超過 8.65 億美元，高於週一的 4.54 億美元。

The futures market reflects similar trends, with open interest climbing to over $134 million, its highest since June 17th. Open interest measures the number of contracts held by traders in active positions, providing insights into market sentiment.

期貨市場也反映了類似的趨勢，未平倉合約攀升至超過 1.34 億美元，為 6 月 17 日以來的最高水準。未平倉合約衡量交易者活躍部位持有的合約數量，提供對市場情緒的洞察。

Pepe has further exceeded the 38.2% Fibonacci Retracement level, suggesting potential for further upside. Nonetheless, it remains crucial to consider the possibility of a dead cat bounce, where a sudden recovery is followed by a resumption of the downtrend.

佩佩進一步突破了 38.2% 斐波那契回檔位，顯示有進一步上漲的潛力。儘管如此，考慮死貓反彈的可能性仍然至關重要，即突然復甦後又恢復下降趨勢。