Bullish Indicators Push Pepe Price Higher

看涨指标推高佩佩价格

Pepe price has witnessed a remarkable surge for the second consecutive day, mirroring the stabilization of the crypto market and the identification of bullish formations by traders. The token has ascended to $0.000012, approximately 25% above its monthly low. This recovery has propelled Pepe's market capitalization to near $5 billion.

Pepe 价格连续第二天大幅上涨，反映出加密货币市场的稳定和交易者对看涨形态的识别。该代币已升至 0.000012 美元，比月度低点高出约 25%。这一复苏已将佩佩的市值推至接近 50 亿美元。

Pepe's price surge aligns with the upturn of other meme coins. Popcat, a Solana-based meme coin, has surged by over 65%, while Tooker Kurlson, Jeo Boden, and Mog Coin have all experienced gains exceeding 30%.

佩佩的价格飙升与其他模因币的上涨一致。基于 Solana 的模因币 Popcat 的涨幅超过 65%，而 Tooker Kurlson、Jeo Boden 和 Mog Coin 的涨幅均超过 30%。

The recovery is attributed to Bitcoin's resilience in maintaining its support above $60,000. On Tuesday, Bitcoin traded at $61,125, indicating investor confidence in the recovery.

此次复苏归因于比特币保持在 60,000 美元以上支撑位的韧性。周二，比特币交易价格为 61,125 美元，表明投资者对复苏充满信心。

Pepe's stability has also benefited from data showing a steady proportion of whale holdings throughout the month. According to CoinMarketCap, whales held over 203 trillion PEPE tokens on Tuesday, the highest level since May 31st. Increased whale holdings are generally perceived as a positive sign for a coin. Etherscan estimates the number of Pepe holders has grown to over 247k.

佩佩的稳定性还得益于数据显示整个月鲸鱼持有量比例稳定。根据 CoinMarketCap 的数据，周二鲸鱼持有超过 203 万亿个 PEPE 代币，这是 5 月 31 日以来的最高水平。鲸鱼持有量的增加通常被认为是代币的积极信号。 Etherscan 估计 Pepe 持有者数量已增至超过 24.7 万。

Traders have identified favorable patterns in Pepe's recent performance. The token has consistently remained above the 100-day Exponential Moving Average (EMA), indicating bullish control. Additionally, Pepe has formed a falling wedge chart pattern, a common bullish signal. On Tuesday, the token breached the upper boundary of this pattern.

交易员们已经发现佩佩近期表现的有利模式。该代币一直保持在 100 日指数移动平均线 (EMA) 上方，表明看涨控制。此外，佩佩形成了下降楔形图表模式，这是一个常见的看涨信号。周二，该代币突破了该模式的上限。

Pepe has also exhibited a hammer candlestick pattern, characterized by a small head and an elongated lower shadow. This pattern often signals a reversal, particularly when accompanied by rising volume. CoinGecko data suggests that daily Pepe trading volume across exchanges has surpassed $865 million, up from $454 million on Monday.

佩佩还展示了锤子烛台形态，其特点是头部较小，下影线较长。这种模式通常预示着反转，尤其是在成交量上升的情况下。 CoinGecko 数据显示，各交易所的 Pepe 每日交易量已超过 8.65 亿美元，高于周一的 4.54 亿美元。

The futures market reflects similar trends, with open interest climbing to over $134 million, its highest since June 17th. Open interest measures the number of contracts held by traders in active positions, providing insights into market sentiment.

期货市场也反映了类似的趋势，未平仓合约攀升至超过 1.34 亿美元，为 6 月 17 日以来的最高水平。未平仓合约衡量交易者活跃头寸持有的合约数量，提供对市场情绪的洞察。

Pepe has further exceeded the 38.2% Fibonacci Retracement level, suggesting potential for further upside. Nonetheless, it remains crucial to consider the possibility of a dead cat bounce, where a sudden recovery is followed by a resumption of the downtrend.

佩佩进一步突破了 38.2% 斐波那契回撤位，表明有进一步上涨的潜力。尽管如此，考虑死猫反弹的可能性仍然至关重要，即突然复苏后又恢复下降趋势。