Pepe Coin Price Faces Market Divide

Pepe Coin 价格面临市场分化

Pepe Coin's price has remained subdued compared to other leading cryptocurrencies due to a market division between bearish traders and bullish long-term investors. Despite securing a free listing on HashKey exchange in Hong Kong, the asset faces significant resistance.

由于看跌交易者和看涨长期投资者之间的市场分歧，与其他领先的加密货币相比，佩佩币的价格仍然较低。尽管已在香港 HashKey 交易所免费上市，但该资产仍面临重大阻力。

Whales vs Traders

鲸鱼与交易者

The current price stagnation stems from a power struggle between large holders (whales) and retail traders. While whales accumulate PEPE, retail traders exhibit bearish sentiment, as evidenced by data from Coinglass.

目前的价格停滞源于大持有者（鲸鱼）和散户之间的权力斗争。正如 Coinglass 的数据所证明的那样，虽然鲸鱼积累了 PEPE，但零售交易商却表现出看跌情绪。

Short Positions Closing

空头平仓

The PEPE Crypto Derivatives Visualizer indicates that traders are closing short positions in profit, leading to a drop in open interest (OI). However, a second metric suggests that new long positions are not being opened, indicating potential bearishness.

PEPE 加密货币衍生品可视化工具表明，交易者正在平仓获利，导致未平仓合约 (OI) 下降。然而，第二个指标表明新的多头头寸并未建立，表明潜在的看跌情绪。

Whale Accumulation

鲸鱼堆积

In contrast, large holders remain bullish on PEPE, accumulating the asset over the past 48 hours. Data from Santiment shows increased whale activity, with an increase in active addresses signaling new user growth.

相比之下，大型持有者仍然看好 PEPE，在过去 48 小时内积累了该资产。 Santiment 的数据显示，鲸鱼活动有所增加，活跃地址的增加表明新用户的增长。

Bullish Price Potential

看涨价格潜力

The Pepe Coin price chart suggests a potential 68% upswing. The descending wedge pattern with a resistance at $0.00000835, if broken, could trigger a double bottom reversal, potentially leading to a price surge to $0.00001200.

Pepe Coin 价格图表显示潜在的 68% 上涨。下降楔形的阻力位为 0.00000835 美元，如果被突破，可能会引发双底反转，从而可能导致价格飙升至 0.00001200 美元。

Overbought Conditions

超买情况

However, the overbought Stochastic RSI may indicate short-term selling pressure or a pullback. Nonetheless, in strong uptrends, overbought conditions can persist for extended periods.

然而，超买的随机 RSI 可能表明短期抛售压力或回调。尽管如此，在强劲的上升趋势中，超买状况可能会持续较长时间。

Key Levels

关键级别

Success above $0.00000835 would validate the bullish case, while a failure to hold above the 200 EMA could send PEPE down to $0.00000700 or even lower, invalidating the rally.

成功突破 0.00000835 美元将验证看涨情况，而未能守住 200 EMA 上方可能会使 PEPE 跌至 0.00000700 美元甚至更低，从而使反弹无效。