PEPE's price has declined by more than 10% in the last seven days. Most market indicators look bearish on the memecoin.

PEPE的價格在過去7天內下跌了10%以上。大多數市場指標都看跌 memecoin。

PEPE Bears Dominate Market

PEPE 熊市主導市場

PEPE bears have heavily dominated the market in the last seven days, as both its daily and weekly charts are in the red. Recent price corrections have pushed the memecoin down to a crucial level, which could determine its future direction.

過去 7 天，PEPE 空頭在市場上佔據主導地位，其日線圖和周線圖均呈現紅色。最近的價格調整已將模因幣推低至關鍵水平，這可能決定其未來的方向。

PEPE Loses Key Support

PEPE 失去關鍵支持

CoinMarketCap's data shows that PEPE's price has dropped by more than 10% in the last seven days. In the last 24 hours alone, the memecoin has experienced an 8% price correction. At the time of writing, PEPE is trading at $0.00001082 with a market capitalization of over $4.55 billion.

CoinMarketCap的數據顯示，PEPE的價格在過去7天內下跌了10%以上。僅在過去 24 小時內，memecoin 就經歷了 8% 的價格調整。截至撰寫本文時，PEPE 的交易價格為 0.00001082 美元，市值超過 45.5 億美元。

This price correction has pushed PEPE below a critical support level of $0.00001083. The recent dip could be disastrous for the memecoin's value, as the chances of the bearish trend continuing seem high.

此次價格調整已將 PEPE 推至 0.00001083 美元的關鍵支撐位以下。最近的下跌對於模因幣的價值來說可能是災難性的，因為看跌趨勢持續的可能性似乎很高。

AMBCrypto's Analysis

AMBCrypto 的分析

AMBCrypto's analysis of Hyblock Capital's data reveals that if bears dominate, investors may see PEPE plummet to $0.00000932. A drop from that support could lead to PEPE touching $0.000008. However, if the trend changes and the bulls step up their game, PEPE could reach $0.000012 in the coming days or weeks.

AMBCrypto 對 Hyblock Capital 數據的分析顯示，如果空頭占主導地位，投資者可能會看到 PEPE 暴跌至 0.00000932 美元。如果該支撐位下跌，PEPE 可能觸及 0.000008 美元。然而，如果趨勢改變並且多頭加大力度，PEPE 可能在未來幾天或幾週內達到 0.000012 美元。

On-Chain Data

鏈上數據

AMBCrypto analyzed the memecoin's on-chain data to gain insights into its direction. Santiment's data shows that PEPE's MVRV ratio has dropped sharply, indicating a bearish signal. However, selling pressure on PEPE is declining, as evidenced by a drop in supply on exchanges and a rise in supply outside of exchanges.

AMBCrypto 分析了 memecoin 的鏈上數據，以深入了解其發展方向。 Santiment的數據顯示PEPE的MVRV比率大幅下降，顯示看跌訊號。然而，PEPE 的拋售壓力正在下降，交易所供應量下降和交易所外供應量增加證明了這一點。

Whales are not confident in PEPE, as the supply held by top addresses is decreasing. In contrast, retail investors' confidence in PEPE is rising, as the memecoin's weighted sentiment has increased.

鯨魚對 PEPE 沒有信心，因為頂級地址持有的供應量正在減少。相較之下，隨著 memecoin 的權重情緒增加，散戶對 PEPE 的信心正在上升。

Technical Indicators

技術指標

A look at PEPE's daily chart shows that the MACD indicator displays a bullish advantage in the market. The Relative Strength Index (RSI) has declined, indicating a potential for a continued price decline. However, the Chaikin Money Flow (CMF) is bullish, as it moved northwards on June 20.

從PEPE日線圖來看，MACD指標顯示市場看漲優勢。相對強弱指數（RSI）下降，顯示價格有可能持續下跌。然而，Chaikin 資金流向 (CMF) 是看漲的，因為它在 6 月 20 日向北移動。