Between July 8 and July 11, PEPE's price consolidated within the narrow range of $0.00009 to $0.000096.

7 月 8 日至 11 日期間，PEPE 的價格在 0.00009 美元至 0.000096 美元的窄幅區間內盤整。

On-chain data suggests increased whale activity on the PEPE network ahead of the official launch of Ethereum ETFs in the US.

鏈上數據表明，在美國正式推出以太坊 ETF 之前，PEPE 網路上的鯨魚活動有所增加。

PEPE Whale Activity Rises

PEPE 鯨魚活動增加

Following a volatile start to the week, global crypto markets rallied on Wednesday. Bitcoin (BTC) surged above $58,000, while Ethereum (ETH) reclaimed $3,100. This recovery has been attributed to increased demand from Bitcoin ETFs and anticipation surrounding Ethereum ETF launches.

繼本週開局動盪後，全球加密貨幣市場週三上漲。比特幣 (BTC) 飆升至 58,000 美元以上，而以太幣 (ETH) 則收復 3,100 美元。這種復甦歸因於比特幣 ETF 需求的增加以及對以太坊 ETF 推出的預期。

As Ethereum's second-largest memecoin, PEPE is expected to benefit from the influx of investment into the ecosystem once ETH ETFs gain traction. Recent market behavior indicates that PEPE investors are positioning themselves for this event.

作為以太坊第二大 memecoin，一旦 ETH ETF 受到關注，PEPE 預計將受益於生態系統投資的湧入。最近的市場行為表明 PEPE 投資者正在為這一事件做好準備。

While PEPE's price has yet to make a significant move, bulls have consolidated their positions. Last week's sell-off sent PEPE to a 100-day low of $0.000076 on July 5. However, bulls have since triggered a 23% rally.

雖然 PEPE 的價格尚未出現重大變動，但多頭已經鞏固了他們的部位。上週的拋售使 PEPE 於 7 月 5 日跌至 0.000076 美元的 100 天低點。

Ahead of the Ethereum ETF launch, retail traders are considering their options, leading to a temporary pause in PEPE's price recovery around $0.00009. Meanwhile, on-chain data reveals that whale investors are accumulating more PEPE tokens, potentially anticipating gains from ETF inflows.

在以太坊 ETF 推出之前，零售交易者正在考慮他們的選擇，導致 PEPE 的價格暫時暫停在 0.00009 美元左右的恢復。同時，鏈上數據顯示，鯨魚投資者正在累積更多 PEPE 代幣，可能預期 ETF 流入會帶來收益。

PEPE Whale Transactions

PEPE鯨魚交易

IntoTheBlock's chart tracks daily volumes of PEPE transactions exceeding $100,000, providing insights into large investor activity. After the crypto market crash on July 6, PEPE whale transactions dropped to $70.81 million. However, as prices fell to 100-day lows, on-chain data shows a surge in large investor buying.

IntoTheBlock 的圖表追蹤每日超過 10 萬美元的 PEPE 交易量，提供對大型投資者活動的洞察。 7 月 6 日加密市場崩盤後，PEPE 鯨魚交易額降至 7,081 萬美元。然而，隨著價格跌至 100 日低點，鏈上數據顯示大型投資者買盤激增。

Latest data from IntoTheBlock indicates that PEPE whale transactions have reached $135.7 million as of July 11. Increased whale transactions during consolidation suggest investors are capitalizing on the price dip to accumulate holdings.

IntoTheBlock 的最新數據顯示，截至 7 月 11 日，PEPE 鯨魚交易已達到 1.357 億美元。

PEPE Recovery

PEPE 恢復

PEPE coin shows modest recovery, trading at $0.000009323764, a 1.33% gain. The chart indicates consolidation around $0.000009, suggesting cautious optimism among traders.

PEPE 代幣顯示溫和復甦，交易價格為 0.000009323764 美元，上漲 1.33%。該圖表顯示在 0.000009 美元附近盤整，表明交易者持謹慎樂觀態度。

The Relative Strength Index (RSI) is at 41.04, approaching the neutral zone. This positioning allows for upward movement without immediate risk of correction. If the RSI surpasses 50, it would signal stronger momentum and potentially drive the price towards $0.000011.

相對強弱指數（RSI）為41.04，接近中性區。這種定位允許向上移動，而不會立即出現修正的風險。如果 RSI 超過 50，則表示勢頭更強，並可能推動價格上漲至 0.000011 美元。

Immediate resistance is at $0.000010, a psychological barrier and previous support level. Breakout above this level would be significant, driving the price towards $0.000011.

直接阻力位於 0.000010 美元，這是一個心理障礙和先前的支撐位。突破該水平將是重大的，推動價格走向 0.000011 美元。

Strong support is at $0.0000085. Failure to hold above this level could result in a pullback to $0.0000075. However, indicators suggest bulls are defending the $0.000009 support zone, aiming for a breakout above $0.000010 in the short term. Traders should monitor volume and RSI for confirmation of a bullish breakout.

強力支撐位為 0.0000085 美元。如果未能守住該水平，可能會導致回調至 0.0000075 美元。然而，指標顯示多頭正在捍衛 0.000009 美元的支撐區域，目標是短期內突破 0.000010 美元。交易者應監控交易量和 RSI 以確認看漲突破。

Disclaimer: This article provides general information and should not be construed as legal, tax, investment, financial, or other advice.

免責聲明：本文提供一般信息，不應被視為法律、稅務、投資、財務或其他建議。