In a volatile cryptocurrency market, fear among traders has escalated to its peak since January 2023. Amidst this uncertainty, on July 9, 2024, Whale Alert, a renowned blockchain-based transaction tracker, revealed that an unidentified whale had transferred a substantial 9 Trillion Pepe (PEPE) tokens valued at $83.25 million from the centralized exchange Bybit.

在动荡的加密货币市场中，交易者的恐惧自 2023 年 1 月以来已升级至顶峰。在这种不确定性中，2024 年 7 月 9 日，著名的基于区块链的交易跟踪器 Whale Alert 透露，一头身份不明的鲸鱼已转移了 9 万亿美元的巨额资金。来自中心化交易所 Bybit 的 Pepe (PEPE) 代币价值 8325 万美元。

This significant PEPE movement from an exchange to a wallet suggests potential accumulation as the crypto market anticipates the approval of the second digital asset ETF (Exchange Traded Fund) in the United States, targeting Ethereum (ETH). Notably, PEPE is an Ether-based meme coin that may benefit from the approval of a spot Ether ETF by the Securities and Exchange Commission (SEC).

这种从交易所到钱包的重大 PEPE 变动表明，随着加密货币市场预计美国将批准第二个针对以太坊 (ETH) 的数字资产 ETF（交易所交易基金），PEPE 可能会出现积累。值得注意的是，PEPE 是一种基于以太坊的模因币，可能会受益于美国证券交易委员会 (SEC) 批准现货以太坊 ETF。

Despite this substantial PEPE transfer, the token's price remained bearish. At the time of writing, PEPE hovers around $0.0000089, having experienced a price decline of over 2% in the preceding 24 hours. Reflecting this bearish sentiment, the 24-hour trading volume has also dropped by 22%, indicating diminished interest among investors and traders.

尽管 PEPE 进行了大量转移，但代币的价格仍然看跌。截至撰写本文时，PEPE 徘徊在 0.0000089 美元左右，在过去 24 小时内价格下跌超过 2%。 24 小时交易量也下降了 22%，反映了这种看跌情绪，表明投资者和交易者的兴趣减弱。

Over a longer time frame, PEPE's performance has shown a price drop of approximately 20%. In the past 30 days alone, PEPE has lost nearly 30% of its value.

在较长一段时间内，PEPE 的表现显示价格下降了约 20%。仅在过去 30 天里，PEPE 的价值就损失了近 30%。

Technical Analysis and Key Levels of PEPE

PEPE技术分析及关键位

Professional technical analysis indicates a bullish outlook for PEPE on a broader time frame, supported by its movement above the 200 exponential Moving Average (EMA). This price action above the 200 EMA often signifies potential bullishness in the chart. Furthermore, PEPE finds support from this 200 EMA level.

专业技术分析表明，在更广泛的时间框架内，PEPE 的看涨前景，受到其高于 200 指数移动平均线 (EMA) 的支撑。高于 200 EMA 的价格走势通常预示着图表中的潜在看涨。此外，PEPE 在 200 EMA 水平找到支撑。

Additionally, PEPE's bullish outlook is reinforced by the Relative Strength Index (RSI) technical indicator on a daily time frame. According to the RSI, PEPE is currently in an oversold zone, suggesting a potential price recovery. The Fibonacci retracement also signals a bullish outlook, as the current level is situated above the golden ratio of 38.2%.

此外，每日时间框架内的相对强弱指数 (RSI) 技术指标强化了 PEPE 的看涨前景。根据 RSI，PEPE 目前处于超卖区域，表明价格可能回升。斐波那契回撤也预示着看涨前景，因为当前水平位于 38.2% 的黄金比例之上。

Based on these data and technical indicators, there is a high probability that PEPE may surge over 45%, reaching the $0.000013 level.

根据这些数据和技术指标，PEPE很有可能飙升超过45%，达到0.000013美元的水平。

Apart from PEPE, other meme tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and Dogwifhat (WIF) also witnessed a moderate price increase in the past 24 hours. However, as per coinmarketcap data, over the same period, DOGE, SHIB, and SHIB have experienced price declines of 1%, 0.95%, and 0.5%, respectively.

除了 PEPE 之外，狗狗币 (DOGE)、柴犬 (SHIB) 和 Dogwifhat (WIF) 等其他 meme 代币在过去 24 小时内价格也出现了温和上涨。然而，根据 coinmarketcap 数据，同期 DOGE、SHIB 和 SHIB 的价格分别下跌了 1%、0.95% 和 0.5%。