PEPE Price Surges Amidst Ethereum ETF Hype

PEPE 价格在以太坊 ETF 炒作中飙升

The value of PEPE has experienced a significant increase of 15% within the past week and 2% within the last 24 hours, currently trading at $0.00001630 as of 01:16 a.m. EST.

PEPE 的价值在过去一周内大幅上涨 15%，在过去 24 小时内大幅上涨 2%，截至美国东部时间凌晨 01:16，目前的交易价格为 0.00001630 美元。

This surge in PEPE's popularity is attributed to the heightened interest in Ethereum blockchain-based tokens following the landmark approval of spot ETH ETFs (exchange-traded funds).

PEPE 受欢迎程度的飙升归因于现货 ETH ETF（交易所交易基金）获得里程碑式的批准后，人们对基于以太坊区块链的代币的兴趣增加。

PEPE Open Interest Increases

PEPE 未平仓合约增加

Coinciding with the surge in its price, PEPE's open interest has witnessed a substantial rise of nearly $34 million in under a week. This surge commenced with the approval of ETH spot ETFs on May 23, where open interest stood at $146.12 million, and has since reached $180.09 on May 29.

与价格飙升同时，PEPE 的未平仓合约在不到一周的时间里大幅增加了近 3400 万美元。这一飙升始于 5 月 23 日 ETH 现货 ETF 的批准，未平仓合约为 1.4612 亿美元，此后已于 5 月 29 日达到 180.09 美元。

Bullish Market Sentiment

看涨的市场情绪

The increase in open interest is generally interpreted as a positive sign, suggesting that market participants are positioning themselves for further price appreciation. Trader and analyst Crypto Rover predicts a potential 6-fold increase in PEPE's market capitalization.

未平仓合约的增加通常被解读为一个积极信号，表明市场参与者正在为价格进一步升值做好准备。交易员兼分析师 Crypto Rover 预测 PEPE 的市值可能会增长 6 倍。

Price Analysis

价格分析

PEPE's price has broken out of the confines of an ascending parallel channel, displaying a bullish trend. However, after a series of higher highs, the altcoin may experience a corrective pullback before continuing its upward movement.

PEPE的价格已经突破上升平行通道的限制，呈现看涨趋势。然而，在一系列更高的高点之后，山寨币在继续上涨之前可能会经历修正性回调。

Indicators such as Bollinger Bands and Relative Strength Index (RSI) suggest the asset may be overbought, indicating a potential for a retracement. Fibonacci retracement levels indicate a potential retest at the 23.6% level of $0.00001416.

布林带和相对强弱指数（RSI）等指标表明该资产可能超买，表明有可能出现回调。斐波那契回撤水平表明可能会重新测试 0.00001416 美元的 23.6% 水平。

While a pullback is possible, if the Fibonacci support trendline holds, the price could potentially reach new heights above $0.00001726.

虽然有可能回调，但如果斐波那契支撑趋势线保持不变，价格可能会达到 0.00001726 美元以上的新高。

Alternative Investment Option

另类投资选择

WAI, a dog-themed rival meme coin, has recently gained traction. The coin is backed by a promising project focused on developing an AI companion for investing. WAI's presale has already garnered significant success, and token holders can stake their holdings for a 309% annual yield.

WAI 是一种以狗为主题的竞争模因币，最近受到关注。该代币得到了一个有前景的项目的支持，该项目专注于开发人工智能投资伴侣。 WAI 的预售已经取得了巨大成功，代币持有者可以质押其所持股份以获得 309% 的年收益率。