Pepe Price Slumps as Whale Support Fades

随着鲸鱼支持的减弱，佩佩价格暴跌

The price of Pepe has seen a downward trend this week, failing to break above key support levels. Despite a recent rebound in the cryptocurrency market, Pepe continues to face selling pressure. Large-scale investors have also reduced their holdings, potentially signaling further price declines.

佩佩的价格本周出现下跌趋势，未能突破关键支撑位。尽管最近加密货币市场出现反弹，但 Pepe 仍然面临抛售压力。大型投资者也减持了股份，这可能预示着价格进一步下跌。

Whale Transaction Volume Drops

鲸鱼交易量下降

Over the past 24 hours, Pepe experienced significant liquidations, with bulls closing positions amidst a bearish trend. Coinglass reports total liquidations of $1.51 million, with $1.3 million attributed to buyers.

过去24小时内，佩佩经历了大幅平仓，多头在看跌趋势中平仓。 Coinglass 报告总清算额为 151 万美元，其中 130 万美元归买家所有。

The decline in Pepe's price coincides with a drop in whale transactions exceeding $100,000. According to IntoTheBlock, whale transaction volume has fallen to $48.7 million, down from $190 million on July 5th.

Pepe 价格的下跌与鲸鱼交易额超过 10 万美元的下降同时发生。据 IntoTheBlock 数据显示，鲸鱼交易额已从 7 月 5 日的 1.9 亿美元降至 4870 万美元。

Impact on Pepe's Price

对佩佩价格的影响

The reduced buying pressure from whales could weigh on Pepe's price. Additionally, the diminished presence of large investors may erode market confidence.

来自鲸鱼的购买压力减少可能会影响佩佩的价格。此外，大型投资者的减少可能会削弱市场信心。

Technical Analysis

技术分析

Pepe's downtrend is evident in its consolidating price between $0.00001 and $0.0000078. Despite support from bulls, a break below $0.00000768 could trigger further declines, potentially reaching $0.0000041.

Pepe 的下跌趋势在其 0.00001 美元至 0.0000078 美元之间的盘整价格中显而易见。尽管受到多头的支持，但跌破 0.00000768 美元可能会引发进一步下跌，有可能触及 0.0000041 美元。

Conversely, the resistance at $0.00001 remains a key hurdle. A突破 this barrier could initiate a recovery, potentially aided by the 50-day Simple Moving Average (SMA) at $0.0000136.

相反，0.00001 美元的阻力仍然是一个关键障碍。突破这一障碍可能会引发复苏，可能会受到 0.0000136 美元的 50 日简单移动平均线 (SMA) 的帮助。