独家：PEPE 代币在熊市中暴跌

在比特币回调期间，迷因币 PEPE 经历了显着的损失。包括平衡成交量（OBV）跌破近期低点在内的技术指标表明抛售压力持续存在。目前市场结构仍然看涨，关键波动低点为 0.00000581 美元。然而，如果 PEPE 跌破该水平，结构将转为看跌。

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

独家新闻：PEPE代币面临螺旋式下降，市场指标闪烁危险信号

Introduction: Unraveling the Downfall of Pepe [PEPE]

简介：揭开佩佩的垮台 [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 币 Pepe Coin [PEPE] 陷入了灾难性的螺旋式下跌，在过去四天里暴跌了 26.5%，令人震惊。这种急剧下跌与比特币 [BTC] 价格大幅回落同时发生，截至撰写本文时，比特币价格已从 71,300 美元回落至 65,500 美元。

Technical Analysis Paints a Grim Picture

技术分析描绘了一幅严峻的图景

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.

糟糕的技术指标给 PEPE 的未来前景蒙上了阴影。相对强弱指数 (RSI) 已跌破中性 50 关口，表明看跌势头正在增强。雪上加霜的是，平衡成交量 (OBV) 已经突破了 3 月份反弹期间创下的关键低点。这些不祥的迹象表明，抛售压力已经控制，进一步的损失迫在眉睫。

Diminishing Trading Activity Raises Concerns

交易活动减少引发担忧

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.

最近几周，交易量呈现出令人担忧的下降趋势。值得注意的是，近期的下跌并没有伴随成交量的激增，这表明当前的下跌可能更像是暂时的下跌，而不是长期下跌趋势的开始。然而，看跌的市场结构仍然完好无损，价格走势显示 12 月图表上的关键支撑位为 0.00000581 美元。

On-Chain Metrics Shed Light on Selling Pressure

链上指标揭示了抛售压力

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.

链上指标进一步证明 PEPE 面临巨大的抛售压力。衡量投资者对该代币情绪的加权情绪已大幅下跌，凸显了市场参与者普遍存在的悲观情绪。此外，年龄消耗指标出现了显着的峰值，表明大量休眠的 PEPE 代币正在被清算。

Declining Active Addresses Reflect Waning Interest

活跃地址的下降反映了兴趣的减弱

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.

每日活跃地址从近期高点急剧下降。这一衡量人群参与程度的指标目前徘徊在 1 月和 2 月的高点上方，但仍显着下降，表明投资者可能对 PEPE 失去兴趣。

Conclusion: PEPE Encounters a Crossroads

结论：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.

技术指标、链上指标和市场情绪的结合为 PEPE 描绘了一幅黯淡的图景。多头面临着一场艰苦的战斗，以遏制损失浪潮并重新点燃三月上半月盛行的上升趋势。未能守住 0.00000581 美元的关键支撑位可能会导致市场结构发生看跌转变。建议投资者谨慎行事，并在 PEPE 渡过这些动荡的水域时密切关注事态发展。