Dogwifhat (WIF) and PEPE Prices Surge: Resumed Rally or Temporary Bounce?

Dogwifhat (WIF) 和 PEPE 价格飙升：恢复反弹还是暂时反弹？

Over the past two days, Pepe and Dogwifhat (WIF) have experienced significant price increases, with WIF rising over 15% and PEPE over 10%. This surge has attracted the attention of buyers, leading to increased trading volumes (WIF up 127%, PEPE up 60% in 24 hours).

近两天，Pepe和Dogwifhat（WIF）价格均出现大幅上涨，其中WIF涨幅超过15%，PEPE涨幅超过10%。这种激增吸引了买家的注意，导致交易量增加（WIF 上涨 127%，PEPE 24 小时内上涨 60%）。

The question arises: have these meme coins embarked on a decisive rally?

问题出现了：这些模因币是否已开始决定性的反弹？

Technical Analysis

技术分析

An examination of the price charts reveals similar patterns for both WIF and PEPE. For several months, they have traded beneath descending trendlines.

对价格图表的检查揭示了 WIF 和 PEPE 的相似模式。几个月来，它们一直在下降趋势线下方交易。

WIF

无线IF

WIF has been trading within a range since early August, between $1.3 and $1.9. After bouncing off the lower boundary, it moved sideways before initiating an uptrend. This surge, however, remains part of a larger consolidation. A breakout above the descending trendline is necessary to confirm a decisive uptrend.

自 8 月初以来，WIF 的交易价格一直在 1.3 美元至 1.9 美元之间。从下限反弹后，它横向移动，然后开始上升趋势。然而，这种激增仍然是更大规模整合的一部分。突破下降趋势线是确认决定性上升趋势的必要条件。

PEPE

PEPE

Similar to WIF, PEPE has been trading beneath a descending channel since May. It has also moved sideways recently, and the current upward movement is merely a part of the larger bearish trend.

与 WIF 类似，PEPE 自 5 月份以来一直在下降通道内交易。最近它也一直在横盘整理，目前的上涨走势只是更大的看跌趋势的一部分。

Until a breakout above the descending trendline occurs, the current price action should be considered a retracement.

在突破下降趋势线之前，当前的价格走势应被视为回调。

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