Between July 8 and July 11, PEPE's price consolidated within the narrow range of $0.00009 to $0.000096.

7 月 8 日至 11 日期间，PEPE 的价格在 0.00009 美元至 0.000096 美元的窄幅区间内盘整。

On-chain data suggests increased whale activity on the PEPE network ahead of the official launch of Ethereum ETFs in the US.

链上数据表明，在美国正式推出以太坊 ETF 之前，PEPE 网络上的鲸鱼活动有所增加。

PEPE Whale Activity Rises

PEPE 鲸鱼活动增加

Following a volatile start to the week, global crypto markets rallied on Wednesday. Bitcoin (BTC) surged above $58,000, while Ethereum (ETH) reclaimed $3,100. This recovery has been attributed to increased demand from Bitcoin ETFs and anticipation surrounding Ethereum ETF launches.

继本周开局动荡后，全球加密货币市场周三上涨。比特币 (BTC) 飙升至 58,000 美元以上，而以太坊 (ETH) 则收复 3,100 美元。这种复苏归因于比特币 ETF 需求的增加以及对以太坊 ETF 推出的预期。

As Ethereum's second-largest memecoin, PEPE is expected to benefit from the influx of investment into the ecosystem once ETH ETFs gain traction. Recent market behavior indicates that PEPE investors are positioning themselves for this event.

作为以太坊第二大 memecoin，一旦 ETH ETF 受到关注，PEPE 预计将受益于生态系统投资的涌入。最近的市场行为表明 PEPE 投资者正在为这一事件做好准备。

While PEPE's price has yet to make a significant move, bulls have consolidated their positions. Last week's sell-off sent PEPE to a 100-day low of $0.000076 on July 5. However, bulls have since triggered a 23% rally.

虽然 PEPE 的价格尚未出现重大变动，但多头已经巩固了他们的头寸。上周的抛售使 PEPE 于 7 月 5 日跌至 0.000076 美元的 100 天低点。然而，多头此后引发了 23% 的反弹。

Ahead of the Ethereum ETF launch, retail traders are considering their options, leading to a temporary pause in PEPE's price recovery around $0.00009. Meanwhile, on-chain data reveals that whale investors are accumulating more PEPE tokens, potentially anticipating gains from ETF inflows.

在以太坊 ETF 推出之前，零售交易者正在考虑他们的选择，导致 PEPE 的价格暂时暂停在 0.00009 美元左右的恢复。与此同时，链上数据显示，鲸鱼投资者正在积累更多 PEPE 代币，可能预期 ETF 流入会带来收益。

PEPE Whale Transactions

PEPE鲸鱼交易

IntoTheBlock's chart tracks daily volumes of PEPE transactions exceeding $100,000, providing insights into large investor activity. After the crypto market crash on July 6, PEPE whale transactions dropped to $70.81 million. However, as prices fell to 100-day lows, on-chain data shows a surge in large investor buying.

IntoTheBlock 的图表跟踪每日超过 100,000 美元的 PEPE 交易量，提供对大型投资者活动的洞察。 7 月 6 日加密市场崩盘后，PEPE 鲸鱼交易额降至 7081 万美元。然而，随着价格跌至 100 日低点，链上数据显示大型投资者买盘激增。

Latest data from IntoTheBlock indicates that PEPE whale transactions have reached $135.7 million as of July 11. Increased whale transactions during consolidation suggest investors are capitalizing on the price dip to accumulate holdings.

IntoTheBlock 的最新数据显示，截至 7 月 11 日，PEPE 鲸鱼交易已达到 1.357 亿美元。整合期间鲸鱼交易的增加表明投资者正在利用价格下跌来积累持仓。

PEPE Recovery

PEPE 恢复

PEPE coin shows modest recovery, trading at $0.000009323764, a 1.33% gain. The chart indicates consolidation around $0.000009, suggesting cautious optimism among traders.

PEPE 代币显示温和复苏，交易价格为 0.000009323764 美元，上涨 1.33%。该图表显示在 0.000009 美元附近盘整，表明交易者持谨慎乐观态度。

The Relative Strength Index (RSI) is at 41.04, approaching the neutral zone. This positioning allows for upward movement without immediate risk of correction. If the RSI surpasses 50, it would signal stronger momentum and potentially drive the price towards $0.000011.

相对强弱指数（RSI）为41.04，接近中性区。这种定位允许向上移动，而不会立即出现修正的风险。如果 RSI 超过 50，则表明势头更强，并可能推动价格上涨至 0.000011 美元。

Immediate resistance is at $0.000010, a psychological barrier and previous support level. Breakout above this level would be significant, driving the price towards $0.000011.

直接阻力位于 0.000010 美元，这是一个心理障碍和之前的支撑位。突破该水平将是重大的，推动价格走向 0.000011 美元。

Strong support is at $0.0000085. Failure to hold above this level could result in a pullback to $0.0000075. However, indicators suggest bulls are defending the $0.000009 support zone, aiming for a breakout above $0.000010 in the short term. Traders should monitor volume and RSI for confirmation of a bullish breakout.

强支撑位为 0.0000085 美元。如果未能守住该水平，可能会导致回调至 0.0000075 美元。然而，指标显示多头正在捍卫 0.000009 美元的支撑区域，目标是短期内突破 0.000010 美元。交易者应监控交易量和 RSI 以确认看涨突破。

Disclaimer: This article provides general information and should not be construed as legal, tax, investment, financial, or other advice.

免责声明：本文提供一般信息，不应被视为法律、税务、投资、财务或其他建议。