Bitcoin's Fall Impacts PEPE Coin

比特币下跌影响 PEPE 币

On August 5th, Bitcoin (BTC) plummeted to $48,800, triggering a ripple effect in the cryptocurrency market. Pepe Coin (PEPE) was significantly impacted, reaching the 78.6% Fibonacci retracement level at $0.0000068. While other meme coins rebounded from their August declines, PEPE's sharp drop raised concerns among investors.

8月5日，比特币（BTC）暴跌至48,800美元，引发加密货币市场连锁反应。 Pepe Coin (PEPE) 受到显着影响，达到 78.6% 斐波那契回撤位 0.0000068 美元。虽然其他 meme 代币从 8 月份的跌势中反弹，但 PEPE 的大幅下跌引起了投资者的担忧。

PEPE Coin Investor Sentiment

PEPE 币投资者情绪

Recent data suggests a slight increase in PEPE's 3-day weighted sentiment indicator, indicating more positive sentiment on social media. However, inactive circulation remains relatively unchanged. The rising average age of held cryptocurrencies indicates an increase in accumulation over the past week.

最近的数据显示，PEPE 的 3 天加权情绪指标略有上升，表明社交媒体上的情绪更加积极。然而，不活跃的流通量保持相对不变。持有加密货币的平均年龄不断上升，表明过去一周积累的增加。

Will PEPE Recover Its Value?

PEPE 会恢复其价值吗？

Despite some signs of improvement, PEPE has faced resistance at the $0.000013 level since early June. Investors remain hopeful for a sustainable recovery, but the cryptocurrency must surpass $0.000009 to confirm an upward reversal. The MACD and OBV indicators show signs of weakening downtrends, providing cautious optimism.

尽管有一些改善的迹象，但 PEPE 自 6 月初以来一直面临 0.000013 美元水平的阻力。投资者仍然对可持续复苏抱有希望，但加密货币必须超过 0.000009 美元才能确认向上逆转。 MACD和OBV指标显示下降趋势减弱的迹象，提供谨慎乐观。

Key Investor Takeaways:

主要投资者要点：

• The Fibonacci level of $0.00000678 serves as support.
• Potential high liquidation zones exist between $0.0000085 and $0.0000094.
• Monitor OBV and other indicators to assess sustained demand.

These metrics provide valuable insights for informed decision-making. If the upward trend aligns with market conditions, PEPE may reclaim the $0.00001 level. Investors are closely monitoring whether this level can be achieved, which would mark a significant milestone in its recovery.

斐波那契水平 0.00000678 美元作为支撑。潜在的高清算区域存在于 0.0000085 美元和 0.0000094 美元之间。监控 OBV 和其他指标以评估持续需求。这些指标为明智的决策提供了宝贵的见解。如果上升趋势与市场状况相符，PEPE 可能会重返 0.00001 美元的水平。投资者正在密切关注是否能够达到这一水平，这将标志着其复苏的一个重要里程碑。

Note: The original post was first published on BH NEWS.

注：原帖首次发表于 BH NEWS。