PEPE Token Volume Slumps

PEPE 代币交易量暴跌

In the past 24 hours, PEPE-related contract volumes have plunged by 5.10%, landing at $764.63 million, as per Coinglass, a cryptocurrency analytics firm. The token's open interest (OI) has also declined to $158.02 million. OI signifies the value of outstanding contracts in the market. Rising OI typically implies increased market activity and token circulation.

根据加密货币分析公司 Coinglass 的数据，过去 24 小时内，PEPE 相关合约量暴跌 5.10%，降至 7.6463 亿美元。该代币的未平仓合约 (OI) 也下降至 1.5802 亿美元。 OI表示市场上未完成合约的价值。 OI 的上升通常意味着市场活动和代币流通量的增加。

Sales Expectations

销售预期

When OI surges, buyers tend to act aggressively, potentially leading to further price appreciation. Conversely, a drop in OI suggests that investors are exiting positions and reducing liquidity, giving sellers an upper hand. This decline in PEPE's OI may be linked to its recent price movements.

当 OI 激增时，买家往往会采取激进的行动，这可能会导致价格进一步升值。相反，持仓量下降表明投资者正在平仓并减少流动性，从而让卖家占据上风。 PEPE 持仓量的下降可能与其近期的价格走势有关。

Earlier, the token had surged to remarkable highs, prompting investors to establish positions in anticipation of price gains. However, PEPE's price has now dipped by 8.78% in the past week, currently sitting at $0.000014. Continued price declines could further diminish interest in the token. Conversely, a recovery in price could ignite a notable increase in open contracts.

早些时候，该代币已飙升至惊人的高位，促使投资者在预期价格上涨的情况下建仓。然而，PEPE 的价格在过去一周已下跌 8.78%，目前为 0.000014 美元。价格持续下跌可能会进一步降低人们对该代币的兴趣。相反，价格回升可能会引发未平仓合约的显着增加。

Santiment Data

圣日

Data from Santiment indicates that PEPE's exchange inflow stands at 5.28 billion, representing the number of tokens sent to exchanges for potential selling in the previous week. Surprisingly, the outflow from exchanges has been significantly higher at 14.71 billion, suggesting that a larger number of traders preferred to hold onto the token for profit.

Santiment的数据显示，PEPE的交易所流入量为52.8亿，代表上周发送到交易所进行潜在出售的代币数量。令人惊讶的是，交易所的流出量明显更高，达到 147.1 亿，这表明更多交易者更愿意持有该代币以获取利润。

Futures Outlook

期货展望

While the possibility of another price drop in PEPE persists, the trend may shift if outflows continue to surpass inflows. Should this scenario unfold in the coming days or weeks, PEPE's price may rebound towards $0.000017. Despite this potential, investor sentiment remains subdued, as evident from the falling Long/Short ratio.

尽管 PEPE 价格再次下跌的可能性仍然存在，但如果流出量继续超过流入量，趋势可能会发生变化。如果这种情况在未来几天或几周内发生，PEPE 的价格可能会反弹至 0.000017 美元。尽管存在这种潜力，但投资者情绪仍然低迷，从多头/空头比率下降即可看出。

The Long/Short ratio gauges investor expectations. Values above 1 indicate an excess of long positions (bullish), while values below 1 imply bearish sentiment. At the time of publication, PEPE's 4-hour Long/Short ratio has dropped to 0.69, reinforcing the negative outlook among investors.

多空比率衡量投资者的预期。值高于 1 表示多头头寸过多（看涨），而值低于 1 则表示看跌情绪。截至发稿时，PEPE 4 小时多空比率已降至 0.69，强化了投资者的负面前景。