PEPE's price has declined by more than 10% in the last seven days. Most market indicators look bearish on the memecoin.

PEPE的价格在过去7天内下跌了10%以上。大多数市场指标都看跌 memecoin。

PEPE Bears Dominate Market

PEPE 熊市主导市场

PEPE bears have heavily dominated the market in the last seven days, as both its daily and weekly charts are in the red. Recent price corrections have pushed the memecoin down to a crucial level, which could determine its future direction.

过去 7 天，PEPE 空头在市场上占据主导地位，其日线图和周线图均呈红色。最近的价格调整已将模因币推低至关键水平，这可能决定其未来的方向。

PEPE Loses Key Support

PEPE 失去关键支持

CoinMarketCap's data shows that PEPE's price has dropped by more than 10% in the last seven days. In the last 24 hours alone, the memecoin has experienced an 8% price correction. At the time of writing, PEPE is trading at $0.00001082 with a market capitalization of over $4.55 billion.

CoinMarketCap的数据显示，PEPE的价格在过去7天内下跌了10%以上。仅在过去 24 小时内，me​​mecoin 就经历了 8% 的价格调整。截至撰写本文时，PEPE 的交易价格为 0.00001082 美元，市值超过 45.5 亿美元。

This price correction has pushed PEPE below a critical support level of $0.00001083. The recent dip could be disastrous for the memecoin's value, as the chances of the bearish trend continuing seem high.

此次价格调整已将 PEPE 推至 0.00001083 美元的关键支撑位以下。最近的下跌对于模因币的价值来说可能是灾难性的，因为看跌趋势持续的可能性似乎很高。

AMBCrypto's Analysis

AMBCrypto 的分析

AMBCrypto's analysis of Hyblock Capital's data reveals that if bears dominate, investors may see PEPE plummet to $0.00000932. A drop from that support could lead to PEPE touching $0.000008. However, if the trend changes and the bulls step up their game, PEPE could reach $0.000012 in the coming days or weeks.

AMBCrypto 对 Hyblock Capital 数据的分析显示，如果空头占主导地位，投资者可能会看到 PEPE 暴跌至 0.00000932 美元。如果该支撑位下跌，PEPE 可能触及 0.000008 美元。然而，如果趋势发生变化并且多头加大力度，PEPE 可能在未来几天或几周内达到 0.000012 美元。

On-Chain Data

链上数据

AMBCrypto analyzed the memecoin's on-chain data to gain insights into its direction. Santiment's data shows that PEPE's MVRV ratio has dropped sharply, indicating a bearish signal. However, selling pressure on PEPE is declining, as evidenced by a drop in supply on exchanges and a rise in supply outside of exchanges.

AMBCrypto 分析了 memecoin 的链上数据，以深入了解其发展方向。 Santiment的数据显示PEPE的MVRV比率大幅下降，表明看跌信号。然而，PEPE 的抛售压力正在下降，交易所供应量下降和交易所外供应量增加就证明了这一点。

Whales are not confident in PEPE, as the supply held by top addresses is decreasing. In contrast, retail investors' confidence in PEPE is rising, as the memecoin's weighted sentiment has increased.

鲸鱼对 PEPE 没有信心，因为顶级地址持有的供应量正在减少。相比之下，随着 memecoin 的权重情绪增加，散户投资者对 PEPE 的信心正在上升。

Technical Indicators

技术指标

A look at PEPE's daily chart shows that the MACD indicator displays a bullish advantage in the market. The Relative Strength Index (RSI) has declined, indicating a potential for a continued price decline. However, the Chaikin Money Flow (CMF) is bullish, as it moved northwards on June 20.

从PEPE日线图来看，MACD指标显示市场看涨优势。相对强弱指数（RSI）下降，表明价格有可能持续下跌。然而，Chaikin 资金流向 (CMF) 是看涨的，因为它在 6 月 20 日向北移动。