PEPE 代幣顯示出復甦的希望，但前方的道路充滿不確定性

在上週下跌超過 20% 後，PEPE 似乎正在捲土重來。該代幣在過去 24 小時內上漲了 4% 以上。

After a difficult week that saw its value plummet by over 20%, PEPE appears to be recovering, with a gain of more than 4% in just the last 24 hours. But what does this mean for the future of the memecoin?

在經歷了價值暴跌超過 20% 的艱難一周後，PEPE 似乎正在復蘇，在過去 24 小時內漲幅超過 4%。但這對模因幣的未來意味著什麼？

Last week was a challenging one for PEPE, with a loss of over 20% in just seven days. However, things started to look better in the last 24 hours, with a price increase of 28% per ByBit, trading at $0.000018618 at the time of writing. Not only that, but its trading volume also surged by 33%, crossing $4.25 billion.

上週對 PEPE 來說是充滿挑戰的一周，短短 7 天的時間就損失了 20% 以上。然而，過去 24 小時內情況開始好轉，ByBit 的價格上漲了 28%，在撰寫本文時交易價格為 0.000018618 美元。不僅如此，其交易量也激增33%，突破42.5億美元。

Usually, when both price and trading volume go up together, it points to a stronger market. This pattern is common for memecoins, which are known to be quite volatile. They often get hit the hardest during market corrections, but they also tend to recover quickly when things improve. However, the question remains: Will this trend last, or is it just a temporary rally?

通常，當價格和交易量同時上漲時，就表示市場走強。這種模式對於模因幣來說很常見，眾所周知，模因幣的波動性很大。他們往往在市場調整期間受到最嚴重的打擊，但當情況好轉時，他們也往往會迅速恢復。然而，問題仍然存在：這種趨勢會持續下去，還是只是暫時的反彈？

Looking ahead, there are mixed signals about PEPE's future. On one hand, data shows that buying interest in PEPE has grown recently. The amount of tokens being held outside exchanges has gone up, while the supply on exchanges has decreased. This shift often means more investors are holding onto their tokens, which can drive prices higher.

展望未來，有關 PEPE 未來的訊號好壞參半。一方面，數據顯示近期PEPE的購買興趣增加。交易所外持有的代幣數量增加，而交易所內的供應量卻減少。這種轉變通常意味著更多的投資者持有他們的代幣，這可能會推高價格。

Moreover, the Fear and Greed Index, which measures market sentiment, stood at 24%—a sign of “extreme fear.” Interestingly, such fear in the market often presents opportunities for price rebounds. This could mean that PEPE, being a memecoin, has room to grow.

此外，衡量市場情緒的恐懼和貪婪指數為24%——這是「極度恐懼」的跡象。有趣的是，市場的這種擔憂往往會帶來價格反彈的機會。這可能意味著 PEPE 作為一種模因幣，有成長的空間。

On the other hand, not all the news is good. Big investors, known as whales, have been selling some of their PEPE holdings, which might put a damper on its upward momentum. A drop in whale activity can create selling pressure, which might slow down its rise.

另一方面，並非所有消息都是好消息。被稱為「鯨魚」的大型投資者一直在出售其持有的部分 PEPE，這可能會抑制其上漲勢頭。鯨魚活動的減少可能會產生拋售壓力，可能會減緩其上漲速度。

Several market indicators also show conflicting trends. For instance, The Relative Strength Index (RSI) is moving upwards, which is a positive sign that suggests more people are buying PEPE, which could help sustain its recent growth. However, the Moving Average Convergence Divergence (MACD) indicator paints a less optimistic picture. It signals that a bearish trend may be forming, which could mean prices might fall again in the near future.

一些市場指標也顯示出相互矛盾的趨勢。例如，相對強度指數（RSI）正在上升，這是一個積極的信號，表明更多的人正在購買 PEPE，這可能有助於維持其近期的成長。然而，移動平均收斂背離（MACD）指標描繪的情況卻不太樂觀。它表明看跌趨勢可能正在形成，這可能意味著價格可能在不久的將來再次下跌。

As the VR Soldiers, we believe PEPE's recent gains are encouraging, but the road ahead is still uncertain. On the bright side, growing buying pressure and market fear could support more gains. However, whale activity and bearish indicators make it important for investors to proceed carefully. Always remember, this is not financial advice—make informed decisions.

作為 VR Soldiers，我們相信 PEPE 最近的進展令人鼓舞，但未來的道路仍然不確定。從好的方面來看，不斷增長的購買壓力和市場擔憂可能會支撐更多漲幅。然而，鯨魚活動和看跌指標使得投資者必須謹慎行事。永遠記住，這不是財務建議——做出明智的決定。

The memecoin's rise in the last 24 hours suggests recovery, but it is too early to call it a complete turnaround. While buying activity and market fear could push prices higher, whale selling and bearish trends suggest caution. For now, PEPE's recovery shows promise, but the future remains unpredictable, as memecoins often depend heavily on sudden market shifts.

Memecoin 在過去 24 小時內的上漲表明其正在復蘇，但現在稱其為徹底好轉還為時過早。雖然購買活動和市場恐懼可能會推高價格，但鯨魚拋售和看跌趨勢表明要謹慎行事。目前，PEPE 的復甦顯示出希望，但未來仍然不可預測，因為模因幣通常嚴重依賴突然的市場變化。