PEPE Token Volume Slumps

PEPE 代幣交易量暴跌

In the past 24 hours, PEPE-related contract volumes have plunged by 5.10%, landing at $764.63 million, as per Coinglass, a cryptocurrency analytics firm. The token's open interest (OI) has also declined to $158.02 million. OI signifies the value of outstanding contracts in the market. Rising OI typically implies increased market activity and token circulation.

根據加密貨幣分析公司 Coinglass 的數據，過去 24 小時內，PEPE 相關合約量暴跌 5.10%，降至 7.6463 億美元。該代幣的未平倉合約 (OI) 也下降至 1.5802 億美元。 OI表示市場上未完成合約的價值。 OI 的上升通常意味著市場活動和代幣流通量的增加。

Sales Expectations

銷售預期

When OI surges, buyers tend to act aggressively, potentially leading to further price appreciation. Conversely, a drop in OI suggests that investors are exiting positions and reducing liquidity, giving sellers an upper hand. This decline in PEPE's OI may be linked to its recent price movements.

當 OI 激增時，買家往往會採取激進的行動，這可能會導致價格進一步升值。相反，持倉量下降表明投資者正在平倉並減少流動性，從而讓賣家佔上風。 PEPE 持倉量的下降可能與其近期的價格走勢有關。

Earlier, the token had surged to remarkable highs, prompting investors to establish positions in anticipation of price gains. However, PEPE's price has now dipped by 8.78% in the past week, currently sitting at $0.000014. Continued price declines could further diminish interest in the token. Conversely, a recovery in price could ignite a notable increase in open contracts.

早些時候，該代幣已飆升至驚人的高位，促使投資者在預期價格上漲的情況下建倉。然而，PEPE 的價格在過去一周已下跌 8.78%，目前為 0.000014 美元。價格持續下跌可能會進一步降低人們對該代幣的興趣。相反，價格回升可能會引發未平倉合約的顯著增加。

Santiment Data

聖日

Data from Santiment indicates that PEPE's exchange inflow stands at 5.28 billion, representing the number of tokens sent to exchanges for potential selling in the previous week. Surprisingly, the outflow from exchanges has been significantly higher at 14.71 billion, suggesting that a larger number of traders preferred to hold onto the token for profit.

Santiment的數據顯示，PEPE的交易所流入量為52.8億，代表上週發送到交易所進行潛在出售的代幣數量。令人驚訝的是，交易所的流出量明顯更高，達到 147.1 億，這表明更多交易者更願意持有該代幣以獲取利潤。

Futures Outlook

期貨展望

While the possibility of another price drop in PEPE persists, the trend may shift if outflows continue to surpass inflows. Should this scenario unfold in the coming days or weeks, PEPE's price may rebound towards $0.000017. Despite this potential, investor sentiment remains subdued, as evident from the falling Long/Short ratio.

儘管 PEPE 價格再次下跌的可能性仍然存在，但如果流出量繼續超過流入量，趨勢可能會改變。如果這種情況在未來幾天或幾週內發生，PEPE 的價格可能會反彈至 0.000017 美元。儘管存在這種潛力，但投資者情緒仍然低迷，從多頭/空頭比率下降即可看出。

The Long/Short ratio gauges investor expectations. Values above 1 indicate an excess of long positions (bullish), while values below 1 imply bearish sentiment. At the time of publication, PEPE's 4-hour Long/Short ratio has dropped to 0.69, reinforcing the negative outlook among investors.

多空比率衡量投資者的預期。數值高於 1 表示多頭部位過多（看漲），而數值低於 1 則表示看跌情緒。截至發稿時，PEPE 4 小時多空比率已降至 0.69，強化了投資者的負面前景。