PEPE：近距离观察 Memecoin 市场的新星

PEPE 最近占据了 memecoin 市场的中心舞台，是过去一周同类产品中最显着的涨幅之一。

Memecoin PEPE (PEPE) has taken center stage recently, notching one of the highest gains among its counterparts over the past week.

Memecoin PEPE (PEPE) 最近成为焦点，是过去一周同类产品中涨幅最高的之一。

According to data from CoinMarketCap, PEPE was among the top gainers of the week. It witnessed an increase of over 25% in the last seven days, making it the 14th biggest gainer.

根据 CoinMarketCap 的数据，PEPE 是本周涨幅最大的股票之一。过去7天涨幅超过25%，成为第14大涨幅股。

This uptrend positioned it as the second-highest gainer among memecoins.

这种上升趋势使其成为模因币中涨幅第二高的货币。

As traders zoom in on its impressive rally, a closer examination of price levels, daily active addresses, and other indicators can provide insight into what lies ahead.

随着交易者放大其令人印象深刻的反弹，仔细检查价格水平、每日活跃地址和其他指标可以洞察未来的情况。

Charting PEPE’s bullish case

绘制 PEPE 的看涨案例

PEPE's price demonstrated remarkable strength, climbing from $0.00000090 to reach press time levels of around $0.00000112.

PEPE 的价格表现出惊人的强势，从 0.00000090 美元攀升至截至发稿时的 0.00000112 美元左右。

This price point also marked a key support level around the $0.00000100 mark, where the price found footing before the recent rally.

该价格点还标志着 0.00000100 美元关口附近的关键支撑位，该价格在最近的反弹之前就站稳了脚跟。

With PEPE trading above both the 50-day and 200-day moving averages at approximately $0.00000096 and $0.00000099, respectively, these levels served as crucial indicators of bullish momentum.

由于 PEPE 交易价格分别高于 50 日和 200 日移动平均线（分别约为 0.00000096 美元和 0.00000099 美元），这些水平成为看涨势头的关键指标。

Source: TradingView

来源：TradingView

The MACD (Moving Average Convergence Divergence) showed a positive crossover, signaling continued upward momentum, while the On-Balance Volume (OBV) line trended upward, reflecting strong buying interest.

MACD（移动平均线趋同分歧）呈现正交叉，表明上涨势头持续，而平衡量（OBV）线呈上升趋势，反映出强劲的买盘兴趣。

Should it maintain support above $0.00000100 and keep the MACD in bullish territory, it may continue to attract buyers aiming for the next resistance level around $0.00000115.

如果其支撑位维持在 0.00000100 美元上方，并使 MACD 保持在看涨区域，则可能会继续吸引买家瞄准 0.00000115 美元附近的下一个阻力位。

Bearish signs emerge as well

看跌迹象也出现

While PEPE's recent surge was promising, caution may be warranted as the price approaches potential resistance.

虽然 PEPE 最近的上涨充满希望，但随着价格接近潜在阻力位，可能需要谨慎。

Notably the RSI (Relative Strength Index) was nearing overbought territory, suggesting a correction could be on the horizon.

值得注意的是，RSI（相对强度指数）已接近超买区域，表明调整可能即将到来。

Historically, when its RSI reaches these levels, a pullback to support around $0.00000100 often follows as traders take profits.

从历史上看，当 RSI 达到这些水平时，随着交易者获利了结，通常会回调至 0.00000100 美元左右的支撑位。

A key resistance level for PEPE lies at $0.00000115, where the price previously faced selling pressure.

PEPE 的关键阻力位为 0.00000115 美元，该价格此前面临抛售压力。

If PEPE struggles to break above this resistance, it could signal a short-term top, potentially prompting consolidation or a retest of lower support levels.

如果 PEPE 难以突破该阻力位，则可能预示着短期顶部，可能会促使盘整或重新测试较低的支撑位。

For traders, the $0.00000100 support level is worth watching, as a breakdown below this level might indicate a trend reversal.

对于交易者来说，0.00000100 美元的支撑位值得关注，因为跌破该水平可能表明趋势反转。

Daily active addresses

每日活跃地址

PEPE's daily active addresses have shown a notable increase, with a surge in activity coinciding with the recent price rise.

PEPE 的每日活跃地址显着增加，活动激增与近期价格上涨同时发生。

Daily active addresses climbed from around 3,500 to nearly 5,000 in the last few days, suggesting renewed interest in the token.

过去几天，每日活跃地址从 3,500 左右攀升至近 5,000 个，表明​​人们对该代币重新产生了兴趣。

Historically, spikes in daily active addresses for PEPE have supported price rallies, indicating genuine interest rather than speculative hype.

从历史上看，PEPE 每日活跃地址的激增支撑了价格上涨，表明人们真正感兴趣，而不是投机炒作。

Source: Santiment

资料来源：Santiment

If PEPE can sustain this high activity level, it may continue to build momentum toward breaking resistance at $0.00000115.

如果 PEPE 能够维持这种高活动水平，它可能会继续形成突破 0.00000115 美元阻力位的势头。

However, should daily active addresses dip significantly, it could signal waning interest, potentially leading to a pullback toward the $0.00000100 support level or even lower.

然而，如果每日活跃地址大幅下降，则可能表明兴趣减弱，有可能导致回调至 0.00000100 美元的支撑位，甚至更低。

A sustained increase in addresses could reinforce the case for continued gains, but a decrease might indicate a return to prior price levels.

地址的持续增加可能会强化持续上涨的理由，但地址的减少可能表明价格回到之前的水平。

PEPE’s correlation with Bitcoin

PEPE 与比特币的相关性

The Correlation Coefficient indicator here measures the strength of the relationship between PEPE and Bitcoin (BTC), shown by values between -1 and +1.

这里的相关系数指标衡量 PEPE 和比特币 (BTC) 之间关系的强度，以 -1 和 +1 之间的值表示。

A value close to +1 suggests that PEPE’s price tends to move in the same direction as Bitcoin, while a value near -1 indicates an inverse relationship. 

接近 +1 的值表明 PEPE 的价格往往与比特币的价格走势相同，而接近 -1 的值表示反向关系。

Source: TradingView

来源：TradingView

Realistic or not, here’s PEPE market cap in BTC’s terms

不管现实与否，这是以 BTC 计算的 PEPE 市值

Currently, the coefficient reads -0.62, implying PEPE is moderately inversely correlated to BTC. This suggests that when Bitcoin rises, PEPE tends to decline, and vice versa.

目前，该系数为-0.62，这意味着 PEPE 与 BTC 呈中度负相关。这表明当比特币上涨时，PEPE 往往会下跌，反之亦然。

However, the inverse correlation was not strong, indicating that while there was some opposing movement, PEPE may still exhibit independent price behavior.

然而，负相关性并不强，这表明虽然存在一些相反的走势，但 PEPE 可能仍表现出独立的价格行为。