PEPE 因动能和价格跟踪而面临看跌压力

PEPE 在较短的时间范围内面临看跌势头，斐波那契水平指导交易者。尽管买家兴趣短暂，但价格走势预示着进一步下跌。比特币的影响力发挥了一定作用，让 PEPE 多头陷入困境。短期区间的形成和投机者的看跌情绪加剧了看跌偏见。

PEPE Faces Bearish Short-Term Bias Amid Diminishing Momentum and Price Action

由于动能减弱和价格走势，PEPE 面临短期看跌偏见

Introduction:

介绍：

PEPE, a cryptocurrency notable for its association with the popular online meme, has exhibited a pronounced bearish bias in the short term, as evidenced by its momentum and price action indicators. Traders observing the recent volatility experienced by PEPE should note that this volatility has subsided over the past 24 hours, leading to a divergence between momentum and volume indicators.

PEPE 是一种因与流行的网络迷因相关而闻名的加密货币，在短期内表现出明显的看跌倾向，其动量和价格行为指标就证明了这一点。观察 PEPE 最近波动的交易者应该注意到，这种波动在过去 24 小时内已经减弱，导致动量指标和成交量指标之间出现背离。

Technical Analysis: Bearish Market Structure and Downtrend

技术分析：看跌的市场结构和下行趋势

The price action chart suggests a continuation of the downtrend, with the 4-hour and 6-hour timeframes displaying a bearish market structure. Despite the long-term uptrend, the current retracement aligns with the internal structure of the upward momentum. Traders can anticipate further losses in the near term.

价格走势图表明下跌趋势仍在延续，4 小时和 6 小时时间框架显示看跌的市场结构。尽管长期呈上升趋势，但当前的回调与上升势头的内部结构一致。交易者预计短期内会出现进一步损失。

The Relative Strength Index (RSI) indicator remains below the neutral 50 level, indicating a stronger downward momentum. However, the Chaikin Money Flow (CMF) indicator stands at +0.16, suggesting a significant demand for the cryptocurrency.

相对强弱指数（RSI）指标仍低于中性50水平，表明下行势头更强。然而，Chaikin 资金流量（CMF）指标为 +0.16，表明对加密货币的巨大需求。

Within the current range, PEPE remains confined between the levels of $0.00000481 and $0.00000581. The 78.6% Fibonacci retracement level and a demand zone from early March, where prices consolidated before rallying six weeks ago, serve as notable areas of interest.

在当前范围内，PEPE 仍限制在 0.00000481 美元至 0.00000581 美元的水平之间。 78.6% 斐波那契回撤位和 3 月初以来的需求区域（价格在六周前上涨之前盘整）是值得关注的区域。

Market Sentiment: Absence of Speculators Amid Bearish Sentiment

市场情绪：看跌情绪中缺乏投机者

Recent price fluctuations have resulted in liquidations of both long and short positions in futures markets. The sharp drop on April 13th, followed by a rapid bounce, has instilled caution among speculators.

最近的价格波动导致期货市场的多头和空头头寸被清算。 4 月 13 日的大幅下跌，随后迅速反弹，让投机者保持了谨慎态度。

The Funding Rate, while slightly positive, does not imply a favorable outlook for long positions. Open Interest has remained stagnant since the 14th, and aggregate liquidations continue to be substantial over the past 24 hours. These indicators suggest bearish sentiment and apprehension in the market.

资金利率虽然略为正值，但并不意味着多头头寸前景乐观。自 14 日以来，未平仓合约一直处于停滞状态，过去 24 小时内总清算量仍然很大。这些指标表明市场的看跌情绪和担忧。

Conclusion: Dependence on Bitcoin and Speculator Activity

结论：对比特币和投机者活动的依赖

PEPE's short-term trajectory depends heavily on the performance of Bitcoin, the leading cryptocurrency in the market. If Bitcoin and PEPE fail to establish a clear uptrend, speculators will likely remain on the sidelines. Traders should exercise caution and monitor the price action and technical indicators closely for further developments.

PEPE 的短期轨迹在很大程度上取决于市场上领先的加密货币比特币的表现。如果比特币和 PEPE 未能建立明确的上升趋势，投机者可能会继续观望。交易者应谨慎行事，密切关注价格走势和技术指标以了解进一步发展。

Disclaimer:

免责声明：

The information provided in this article should not be construed as financial advice. Cryptocurrency investments are subject to significant volatility and risk, and investors should conduct their own thorough research before making any investment decisions.

本文提供的信息不应被视为财务建议。加密货币投资具有很大的波动性和风险，投资者在做出任何投资决定之前应进行彻底的研究。