Pepe Price Surges amid Positive Crypto Sentiment

加密货币情绪积极，佩佩价格飙升

The $PEPE token experienced a 25% surge, rising to $0.0000095, marking the second consecutive day of gains. This recovery mirrored that of other meme coins such as Dogwifhat (WIF) and Dogecoin (DOGE).

$PEPE 代币飙升 25%，升至 0.0000095 美元，连续第二天上涨。这种复苏反映了其他模因币的复苏，例如 Dogwifhat (WIF) 和 Dogecoin (DOGE)。

Bitcoin's Influence

比特币的影响

Pepe's rally was primarily driven by the performance of Bitcoin, which surpassed $59,000 on Thursday. Investors had purchased the dip following Bitcoin's decline to $53,700 the previous week.

Pepe 的上涨主要是由比特币的表现推动的，比特币周四突破了 59,000 美元。在比特币上周跌至 53,700 美元后，投资者逢低买入。

High Volume and Bullish Indicators

高成交量和看涨指标

Pepe's rise was accompanied by a high volume of trading, indicating sustained demand. Data revealed an average three-day volume exceeding $1.16 billion, surpassing previous levels. This surge coincided with a rise in the crypto fear and greed index to 40, suggesting potential movement towards neutrality.

佩佩的上涨伴随着大量的交易量，表明需求持续存在。数据显示，平均三天交易量超过 11.6 亿美元，超过之前的水平。这一激增恰逢加密货币恐惧和贪婪指数上升至 40，表明可能走向中立。

Positive Inflation Data and Technical Analysis

积极的通胀数据和技术分析

The token's gains aligned with positive inflation data from the US, which indicated a potential interest rate cut by the Federal Reserve. Additionally, traders identified strong support for Pepe at the 200-day Exponential Moving Average (EMA). This support level has been tested twice this month, demonstrating bearish hesitation.

该代币的上涨与美国积极的通胀数据一致，这表明美联储可能会降息。此外，交易员在 200 天指数移动平均线 (EMA) 处发现了对 Pepe 的强劲支撑。该支撑位本月已两次受到测试，显示看跌犹豫。

Ethereum ETF Approval Potential

以太坊 ETF 获批潜力

Analysts predicted that the potential approval of a spot Ethereum ETF could spark further gains for Pepe. The Securities and Exchange Commission (SEC) is expected to review these funds within the month.

分析师预测，现货以太坊 ETF 的潜在批准可能会引发佩佩的进一步上涨。美国证券交易委员会（SEC）预计将在本月内审查这些基金。

Whale Accumulation

鲸鱼堆积

Data indicated the purchase of 126.5 billion PEPE tokens worth $1.5 million by a whale, suggesting optimism among large investors. Whales also hold significant amounts of Ethereum (ETH) and zkSync (ZK) in addition to Pepe.

数据显示，鲸鱼购买了 1265 亿个 PEPE 代币，价值 150 万美元，这表明大型投资者的乐观情绪。除了 Pepe 之外，鲸鱼还持有大量以太坊 (ETH) 和 zkSync (ZK)。