PEPE Price Surges Amidst Ethereum ETF Hype

PEPE 價格在以太坊 ETF 炒作中飆升

The value of PEPE has experienced a significant increase of 15% within the past week and 2% within the last 24 hours, currently trading at $0.00001630 as of 01:16 a.m. EST.

PEPE 的價值在過去一周內大幅上漲 15%，在過去 24 小時內大幅上漲 2%，截至美國東部時間凌晨 01:16，目前的交易價格為 0.00001630 美元。

This surge in PEPE's popularity is attributed to the heightened interest in Ethereum blockchain-based tokens following the landmark approval of spot ETH ETFs (exchange-traded funds).

PEPE 受歡迎程度的飆升歸因於現貨 ETH ETF（交易所交易基金）獲得里程碑式的批准後，人們對基於以太坊區塊鏈的代幣的興趣增加。

PEPE Open Interest Increases

PEPE 未平倉合約增加

Coinciding with the surge in its price, PEPE's open interest has witnessed a substantial rise of nearly $34 million in under a week. This surge commenced with the approval of ETH spot ETFs on May 23, where open interest stood at $146.12 million, and has since reached $180.09 on May 29.

與價格飆升同時，PEPE 的未平倉合約在不到一周的時間內大幅增加了近 3,400 萬美元。這一飆升始於 5 月 23 日 ETH 現貨 ETF 的批准，未平倉合約為 1.4612 億美元，此後已於 5 月 29 日達到 180.09 美元。

Bullish Market Sentiment

看漲的市場情緒

The increase in open interest is generally interpreted as a positive sign, suggesting that market participants are positioning themselves for further price appreciation. Trader and analyst Crypto Rover predicts a potential 6-fold increase in PEPE's market capitalization.

未平倉合約的增加通常被解讀為一個正面訊號，表示市場參與者正在為價格進一步升值做好準備。交易員兼分析師 Crypto Rover 預測 PEPE 的市值可能會成長 6 倍。

Price Analysis

價格分析

PEPE's price has broken out of the confines of an ascending parallel channel, displaying a bullish trend. However, after a series of higher highs, the altcoin may experience a corrective pullback before continuing its upward movement.

PEPE的價格已經突破上昇平行通道的限制，呈現看漲趨勢。然而，在一系列更高的高點之後，山寨幣在繼續上漲之前可能會經歷修正性回調。

Indicators such as Bollinger Bands and Relative Strength Index (RSI) suggest the asset may be overbought, indicating a potential for a retracement. Fibonacci retracement levels indicate a potential retest at the 23.6% level of $0.00001416.

布林通道和相對強弱指數（RSI）等指標顯示該資產可能超買，表示有可能出現回檔。斐波那契回撤水準表明可能會重新測試 0.00001416 美元的 23.6% 水準。

While a pullback is possible, if the Fibonacci support trendline holds, the price could potentially reach new heights above $0.00001726.

雖然有可能回調，但如果斐波那契支撐趨勢線保持不變，價格可能會達到 0.00001726 美元以上的新高。

Alternative Investment Option

另類投資選擇

WAI, a dog-themed rival meme coin, has recently gained traction. The coin is backed by a promising project focused on developing an AI companion for investing. WAI's presale has already garnered significant success, and token holders can stake their holdings for a 309% annual yield.

WAI 是一種以狗為主題的競爭模因幣，最近受到關注。該代幣得到了一個有前景的項目的支持，該項目專注於開發人工智慧投資伴侶。 WAI 的預售已經取得了巨大成功，代幣持有者可以質押其所持股份以獲得 309% 的年收益率。