儘管現貨市場積累

在過去的24小時內，佩佩一直處於下降趨勢，最小損失1.06％。

Over the last 24 hours, PEPE has been on a downtrend, with a minimal loss of 1.06%. A recent analysis of the memecoin’s price action revealed that while spot traders have been accumulating, derivatives traders have been focused on selling PEPE. Especially as short contracts rose across the market.

在過去的24小時內，佩佩一直處於下降趨勢，最小損失1.06％。對Memecoin的價格行動的最新分析表明，儘管現貨交易者一直在積累，但衍生品交易員一直致力於銷售Pepe。特別是隨著整個市場上的短合同上升。

In fact, AMBCrypto’s analysis suggested that the market could go either way. Worth pointing out, however, that two technical indicators suggested that the bulls may overturn the bears and gain momentum.

實際上，Ambcrypto的分析表明，市場可以採用任何一種方式。然而，值得指出的是，兩個技術指標表明，公牛可能會推翻熊並獲得動力。

A historic bearish confluence

歷史悠久的看跌融合

A recent analysis of the Bollinger Bands on the daily chart revealed that the asset has been trading close to its upper band. This level is known to house major selling pressure, one that forces a decline in the altcoin’s value.

對每日圖表上的布林樂隊的最新分析表明，該資產一直在其上部的樂隊附近交易。眾所周知，這一水平會容納重大銷售壓力，這會迫使Altcoin的價值下降。

Historically, PEPE at this level has recorded major price drops, losing 49%, 28%, and 46% in the last three instances when the price hit this level.

從歷史上看，這一水平的佩佩（Pepe）記錄了主要價格下降，在最後三個實例中，價格下跌49％，28％和46％。

Source: TradingView

資料來源：TradingView

If this trend repeats itself, PEPE could see a significant decline, potentially leading to a double-digit percentage drop.

如果這種趨勢重複出現，Pepe可能會看到大幅下降，可能導致兩位數的下降。

If this happens, the crypto-asset will return to trading below its descending line – A level it previously breached.

如果發生這種情況，加密資產將返回到其下降線以下的交易 - 先前違反的水平。

When the price crosses above this descending line, it typically signals the start of a rally and is followed by a high-momentum move. However, in this case, the price has been moving sluggishly, struggling to establish a rally. This indicated that a decline is, in fact, still possible.

當價格越過這條降線時，通常會標誌著集會的開始，然後是高摩托姆舉動。但是，在這種情況下，價格一直很慢，努力建立集會。這表明實際上仍然有可能下降。

AMBCrypto also found that derivatives and spot traders remain divided on the altcoin’s next price direction.

Ambcrypto還發現，衍生品和現貨交易者在Altcoin的下一個價格方向上仍然存在分歧。

Derivative and spot traders remain on different pages

派生型和現貨交易者仍在不同的頁面上

Over the last 24 hours, derivatives and spot traders have taken opposing positions on the price action front. While derivative traders have been betting on a price decline, spot traders have been accumulating, despite the dip.

在過去的24小時內，衍生品和現貨交易者在價格行動方面處於相反的立場。儘管衍生品交易者一直在押注價格下跌，但儘管下降，現貨交易者仍在積累。

In the derivatives market, Open Interest and Volume simultaneously fell by 1.65% and 39.46%, respectively. Such a drop means that the market is currently dominated by short traders and that momentum is weakening. At the time of writing, the value of unsettled contracts in the market stood at $233.96 million.

在衍生品市場中，開放利息和數量同時下降了1.65％和39.46％。這樣的下降意味著市場目前由短交易者主導，這種勢頭正在削弱。在撰寫本文時，市場上未解決的合同價值為2.396億美元。

This downward pressure from derivatives short traders could play a significant role in keeping PEPE’s price low or driving it even lower.

來自衍生品短交易者的下降壓力可能在保持Pepe的價格較低或推動較低的情況下發揮重要作用。

Source: Coinglass

資料來源：小店

However, spot traders are taking a different approach by accumulating PEPE. In the last 24 hours, this cohort has purchased $4.4 million worth of the asset, preventing further price depreciation.

但是，現貨交易者通過累積Pepe採取不同的方法。在過去的24小時內，該隊列購買了價值440萬美元的資產，以防止價格折舊。

A significant purchase from the spot market typically hints at strong bullish conviction. This could absorb selling pressure and lead to a price rebound on the charts.

從現貨市場的大量購買通常暗示了強烈的看漲信念。這可能會吸收銷售壓力並導致圖表上的價格反彈。

Where is PEPE heading?

佩佩在哪裡？

Finally, AMBCrypto analyzed other technical indicators to determine PEPE’s likely price action. Our analysts discovered ongoing accumulation and liquidity inflows into the asset – Suggesting a rally may be on the horizon.

最後，Ambcrypto分析了其他技術指標，以確定Pepe的價格行動。我們的分析人士發現持續的積累和流動性流入資產 - 表明拉力賽可能即將到來。

The Accumulation/Distribution indicator’s reading was positive, with the same implying that the market has been in an accumulation phase.

累積/分配指標的讀數是積極的，同樣意味著市場已經處於積累階段。

Source: TradingView

資料來源：TradingView

The Money Flow Index (MFI), which tracks liquidity inflows and outflows over a specific period, confirmed that liquidity is flowing into PEPE. Such inflows further confirmed the presence of buyers in the market.

在特定時期跟踪流動性流入和流出的貨幣流量指數（MFI）證實了流動性正在流入PEPE。這種流入進一步證實了買家在市場上的存在。

At this juncture, PEPE could defy its historical bearish trend and establish a new high, particularly as spot traders continue accumulating.

在這個關頭，Pepe可以違背其歷史性的看跌趨勢並建立新的高位，尤其是隨著現場交易者繼續積累。