Pepe Price Struggles After Breaking ATH: Is a Pullback on the Horizon?

佩佩·普萊斯 (Pepe Price) 突破 ATH 後陷入困境：回調即將到來嗎？

The meme coin market has experienced a significant resurgence due to increased buying demand in the cryptocurrency market. As Bitcoin's price aims to surpass $65,000, Pepecoin has been trending sharply towards its previous all-time high. However, as the rally slows down, analysts are expressing concerns about the possibility of a pullback.

由於加密貨幣市場購買需求的增加，模因幣市場經歷了顯著的復甦。隨著比特幣價格突破 65,000 美元，Pepecoin 一直大幅上漲至之前的歷史高點。然而，隨著漲勢放緩，分析師對回調的可能性表示擔憂。

Pepe's Whale Interest Skyrockets

佩佩對鯨魚的興趣飆升

Pepe, a meme coin, currently holds a market capitalization of $4.6 billion. Its trading volume has surged to $3.6 billion over the past 24 hours, representing a growth of over 2% despite market fluctuations. According to CoinMarketCap, Pepe ranks 23rd in the crypto market.

Pepe 是一種迷因幣，目前市值為 46 億美元。過去24小時內，其交易量已飆升至36億美元，儘管市場波動，但仍成長了2%以上。根據 CoinMarketCap 的數據，Pepe 在加密貨幣市場排名第 23 位。

This upward trend around the new ATH is anticipated to continue for several days due to heightened trading activity. Data from IntoTheBlock indicates that large transactions for Pepe have increased from 134 txs to 728 txs, marking a surge of over 443%. This has fueled buying sentiment at each support line.

由於交易活動增加，預計新 ATH 的上升趨勢將持續數天。 IntoTheBlock 的數據顯示，Pepe 的大筆交易從 134 筆增加到 728 筆，增幅超過 443%。這刺激了每條支撐線的買盤情緒。

However, the volatility metric has not spiked and continues to decline towards 125%. This could create potential for a bearish pullback from the recent high.

然而，波動率指標並未飆升，而是持續下降至 125%。這可能會創造從近期高點看跌回檔的可能性。

Whale's Profitable Pepe Investment

鯨魚的佩佩投資獲利

Pepe coin's recent surge has highlighted a substantial profit made by a whale. The whale, using the address 0xe7d0, accumulated $13.9 million over three months. From December 2023 to February 2024, this whale invested $1.56 million USDT to acquire 1.40 trillion PEPE.

佩佩幣最近的飆升凸顯了鯨魚的巨額利潤。該鯨魚使用地址 0xe7d0 在三個月內累積了 1,390 萬美元。從2023年12月到2024年2月，這頭鯨魚投資了156萬美元USDT，收購了1.40兆PEPE。

Recently, they sold 140.4 billion PEPE for 1.75 million DAI, recovering their initial investment as the coin reached an all-time high today. The address now holds 1.26 trillion PEPE, currently valued at $13.9 million, representing pure profit. If the address decides to liquidate all of its holdings, we could witness a significant decline in Pepe's price.

最近，他們以 175 萬 DAI 的價格出售了 1,404 億個 PEPE，隨著該代幣今天達到歷史新高，收回了初始投資。該地址目前持有 1.26 兆個 PEPE，目前價值 1,390 萬美元，相當於純利潤。如果該地址決定清算其所有持倉，我們可能會看到佩佩的價格大幅下跌。

What's Next for Pepe Price?

佩佩·普萊斯的下一步是什麼？

Pepe price is currently facing increased bearish pressure after a selloff around the recent high of $0.0000116. The price is attempting to fall below the EMA20 trend line to confirm a clear trend. At the time of writing, Pepe price trades at $0.0000102, having declined over 1.5% in the past 24 hours.

在近期高點 0.0000116 美元附近遭遇拋售後，Pepe 價格目前面臨更大的看跌壓力。價格正試圖跌破 EMA20 趨勢線以確認明確的趨勢。截至撰寫本文時，Pepe 的交易價格為 0.0000102 美元，在過去 24 小時內下跌了 1.5% 以上。

Buyers are striving to maintain the price above the 20-day EMA ($0.00001). If successful, the PEPE/USDT pair could rise to a high of $0.0000116. This is a crucial level for the bears to defend, as a rally above it could pave the way for an increase to the overhead resistance zone between $0.000015 and $0.000017.

買家正在努力將價格維持在 20 日均線（0.00001 美元）之上。如果成功，PEPE/USDT 貨幣對可能會升至 0.0000116 美元的高點。對於空頭來說，這是一個至關重要的防守水平，因為反彈至該水平之上可能會為上漲至 0.000015 美元至 0.000017 美元之間的上方阻力區鋪平道路。

Conversely, a break and close below the $0.00001-$0.000008 support zone would complete a bearish pattern. The pair could then decline to the strong support at $0.0000055. As the RSI level is now declining sharply towards the midline, bears currently have an advantage in controlling the price chart.

相反，突破並收於 0.00001-0.000008 美元支撐區域下方將完成看跌形態。隨後該貨幣對可能會跌至 0.0000055 美元的強力支撐位。由於RSI水準目前正在向中線急劇下降，空頭目前在控制價格圖表方面具有優勢。

In the 1-hour time frame, the long/short ratio for Pepe has been rising and currently stands at 1.1839. This suggests that over 54% of traders are expecting a bullish reversal.

1小時時間範圍內，佩佩的多空比率一直在上升，目前為1.1839。這表明超過 54% 的交易者預計看漲逆轉。