Cryptocurrency Market Outlook: Stagnant volatility, Mixed Performance

加密货币市场展望：波动停滞，表现参差不齐

The cryptocurrency market has exhibited a combination of stability and volatility this week. While market leaders like Bitcoin and Ethereum seek stability, meme coins have faced a decline, with notable losses in PEPE, WIF, and Brett.

本周，加密货币市场表现出稳定与波动的结合。虽然比特币和以太坊等市场领导者寻求稳定，但模因币却面临下跌，PEPE、WIF 和 Brett 的跌幅显着。

Meme Coins Struggle: Correction Phase Continues

Meme 币斗争：修正阶段仍在继续

The meme coin sector, which had a strong showing in the first quarter, has entered a correction phase and underperformed market leaders. Dogwifhat (WIF), Brett (BRETT), and Pepe (PEPE) have been the most notable performers of the week.

一季度表现强劲的表情币板块已进入调整阶段，表现落后于市场龙头。 Dogwifhat (WIF)、Brett (BRETT) 和 Pepe (PEPE) 是本周最引人注目的表演者。

Dogwifhat (WIF): Losses Mount

Dogwifhat (WIF)：损失不断增加

WIF began the week positively but fell short of sustaining momentum, facing rejection at $1.80. It has lost approximately 30% of its value, making it the worst-performing cryptocurrency of the week.

WIF 本周开局积极，但未能维持势头，在 1.80 美元处遭遇拒绝。它的价值已经损失了大约 30%，成为本周表现最差的加密货币。

A resumption of the selling trend is evident on the daily chart, following a brief pullback. WIF encountered strong selling pressure in late July and broke below monthly lows. A further 15% decline is possible until reaching the demand zone at $1.21.

在短暂回调之后，日线图上明显出现了抛售趋势的恢复。 WIF 在 7 月下旬遭遇强劲卖压并跌破月度低点。在到达 1.21 美元的需求区域之前，可能会进一步下跌 15%。

Brett (BRETT): Downward Spiral

布雷特（BRETT）：向下螺旋

BRETT is the second-worst performing asset this week, losing close to 18%. It has been in a correction phase since June, forming successive lower highs.

BRETT 是本周表现第二差的资产，下跌近 18%。 6月份以来一直处于调整阶段，形成连续走低的高点。

The daily chart shows a declining parallel channel pattern, with the price bound within its boundaries. Despite a live market capitalization of $837.4 and a ranking of 71st, BRETT remains below key exponential moving averages, indicating a bearish trend.

日线图显示出下降的平行通道模式，价格在其边界内。尽管实时市值为 837.4 美元，排名第 71 位，但 BRETT 仍低于关键指数移动平均线，表明看跌趋势。

Pepe (PEPE): Price Action

佩佩 (PEPE)：价格走势

PEPE has lost nearly 14% this week, becoming the third-worst performer. The PEPE/USD chart displays a falling wedge formation. Currently trading near $0.0000074, it has gained 0.04% intraday.

PEPE本周下跌近14%，成为表现第三差的股票。 PEPE/USD 图表显示下降楔形。目前交易价格接近 0.0000074 美元，盘中上涨 0.04%。

Pepe, a meme coin inspired by the internet meme "Pepe the Frog," has a deflationary model built on Ethereum. It ranks as the third-largest memecoin cryptocurrency, behind Dogecoin and Shiba Inu.

Pepe 是一种受互联网迷因“Pepe the Frog”启发的迷因币，具有基于以太坊的通货紧缩模型。它是第三大模因币加密货币，仅次于狗狗币和柴犬。

Currently, Pepe is consolidating near the demand zone and the lower boundary of the falling wedge pattern. A breakout above $0.0000087 could lead to a rise towards $0.0000109.

目前，佩佩正在需求区域和下降楔形形态的下边界附近盘整。突破 0.0000087 美元可能导致价格上涨至 0.0000109 美元。