獨家：PEPE 代幣在熊市中暴跌

在比特幣回檔期間，迷因幣 PEPE 經歷了顯著的損失。包括平衡成交量（OBV）跌破近期低點在內的技術指標顯示拋售壓力持續存在。目前市場結構仍看漲，關鍵波動低點為 0.00000581 美元。然而，如果 PEPE 跌破該水平，結構將轉為看跌。

Exclusive News: PEPE Token Faces Downward Spiral, Market Indicators Flash Red Flags

獨家新聞：PEPE代幣面臨螺旋式下降，市場指標閃爍危險訊號

Introduction: Unraveling the Downfall of Pepe [PEPE]

簡介：揭開佩佩的垮台 [PEPE]

Pepe Coin [PEPE], the renowned meme coin, has been ensnared in a calamitous downward spiral, plummeting by a staggering 26.5% over the past four days. This precipitous decline has coincided with a significant pullback in the price of Bitcoin [BTC], which has retreated from $71.3k to $65.5k at the time of writing.

著名的 meme 幣 Pepe Coin [PEPE] 陷入了災難性的螺旋式下跌，在過去四天裡暴跌了 26.5%，令人震驚。這種急劇下跌與比特幣 [BTC] 價格大幅回落同時發生，截至撰寫本文時，比特幣價格已從 71,300 美元回落至 65,500 美元。

Technical Analysis Paints a Grim Picture

技術分析描繪了一幅嚴峻的圖景

Dire technical indicators cast a shadow over PEPE's future prospects. The Relative Strength Index (RSI) has slipped below the neutral 50 mark, signaling that bearish momentum is gaining traction. Compounding this, the On-Balance Volume (OBV) has breached a critical low established during the March rally. These ominous signs suggest that selling pressure has seized control and further losses are imminent.

糟糕的技術指標給 PEPE 的未來前景蒙上了陰影。相對強弱指數 (RSI) 已跌破中性 50 關卡，顯示看跌勢頭正在增強。雪上加霜的是，平衡成交量 (OBV) 已經突破了 3 月反彈期間創下的關鍵低點。這些不祥的跡象表明，拋售壓力已經控制，進一步的損失迫在眉睫。

Diminishing Trading Activity Raises Concerns

交易活動減少引發擔憂

The trading volume has exhibited a concerning downward trend in recent weeks. Notably, the recent losses have not been accompanied by a surge in volume, indicating that the current drop may be more akin to a temporary dip than the onset of a prolonged downtrend. However, the bearish market structure remains intact and the price action shows a key support level at $0.00000581 on the H12 chart.

最近幾週，交易量呈現令人擔憂的下降趨勢。值得注意的是，近期的下跌並沒有伴隨成交量的激增，這表明當前的下跌可能更像是暫時的下跌，而不是長期下跌趨勢的開始。然而，看跌的市場結構仍然完好無損，價格走勢顯示 12 月圖表上的關鍵支撐位為 0.00000581 美元。

On-Chain Metrics Shed Light on Selling Pressure

鏈上指標揭示了拋售壓力

On-chain metrics provide further evidence of the intense selling pressure that has engulfed PEPE. The Weighted Sentiment, which measures investor sentiment towards the token, has plummeted sharply, underscoring the pessimism that prevails among market participants. Additionally, the age-consumed metric has witnessed significant spikes, suggesting that substantial amounts of dormant PEPE tokens are being liquidated.

鏈上指標進一步證明 PEPE 面臨巨大的拋售壓力。衡量投資者對該代幣情緒的加權情緒已大幅下跌，凸顯了市場參與者普遍存在的悲觀情緒。此外，年齡消耗指標出現了顯著的峰值，顯示大量休眠的 PEPE 代幣正在被清算。

Declining Active Addresses Reflect Waning Interest

活躍地址的下降反映了興趣的減弱

The daily active addresses have undergone a dramatic decline from recent highs. This metric, which gauges the level of crowd participation, now hovers above January and February highs, but it nonetheless represents a significant drop, indicating a potential loss of interest in PEPE among investors.

每日活躍地址從近期高點急劇下降。這項衡量人群參與程度的指標目前徘徊在 1 月和 2 月的高點上方，但仍顯著下降，顯示投資者可能對 PEPE 失去興趣。

Conclusion: PEPE Encounters a Crossroads

結論：PEPE遇到十字路口

The combination of technical indicators, on-chain metrics, and market sentiment paints a bleak picture for PEPE. Bulls face an uphill battle to stem the tide of losses and reignite the uptrend that prevailed during the first half of March. Failure to defend the key support level of $0.00000581 could lead to a bearish shift in the market structure. Investors are advised to exercise caution and closely monitor the situation as PEPE navigates these turbulent waters.

技術指標、鏈上指標和市場情緒的結合為 PEPE 描繪了一幅黯淡的圖景。多頭面臨著一場艱苦的戰鬥，以遏制損失浪潮並重新點燃三月上半月盛行的上升趨勢。未能守住 0.00000581 美元的關鍵支撐位可能會導致市場結構發生看跌轉變。建議投資者謹慎行事，並在 PEPE 渡過這些動蕩的水域時密切關注事態發展。