Pepe Whale 增持 309.6B 代币，表明市场信心

九天前 Coinbase 上市 Pepe [PEPE] 后，memecoin 飙升至 0.00002524 美元的新 ATH，继续其月度看涨趋势，涨幅达 117.80%。

After listing Pepe [PEPE] nine days ago, the memecoin has surged to a new ATH of $0.00002524. This continues PEPE’s monthly bullish trend, with a 117.80% price increase.

九天前上市 Pepe [PEPE] 后，memecoin 已飙升至 0.00002524 美元的新 ATH。这延续了 PEPE 的月度看涨趋势，价格上涨 117.80%。

Since then, PEPE declined to a low of $0.00001807. This dip created a buying opportunity for both retailers and whales. Anticipating further price gains, whales are now buying the dip.

此后，PEPE 跌至 0.00001807 美元的低点。这次下跌为零售商和鲸鱼创造了购买机会。由于预计价格将进一步上涨，鲸鱼现在正在逢低买入。

Pepe whale accumulates 309.6B tokens

Pepe鲸鱼累计309.6B代币

According to on-chain tracker SpotOnChain, a new whale entered the market to make a large purchase. This whale created a wallet over the past hours and withdrew 309.6 billion Pepe tokens, valued at $6.45 million, from Kucoin.

据链上追踪器 SpotOnChain 称，有新鲸鱼进入市场进行大量购买。这只鲸鱼在过去几个小时内创建了一个钱包，并从 Kucoin 提取了 3096 亿个 Pepe 代币，价值 645 万美元。

When whales accumulate, it signals confidence in the market direction. Also, such huge funds inflow creates buying pressure, which can lead to price appreciation.

当鲸鱼积累时，表明对市场方向有信心。此外，如此巨大的资金流入会产生购买压力，从而导致价格上涨。

Impact on Pepe’s charts?

对佩佩的排行榜有影响吗？

As expected, PEPE surged by 1.85% over the past day. Before this, the memecoin had seen a downward trajectory, dipping by 1.40% on weekly charts.

正如预期，PEPE 在过去一天上涨了 1.85%。在此之前，memecoin 曾经历过下跌趋势，周线图下跌 1.40%。

However, as the memecoin had dropped from a high of $0.0000218 to $0.0000198, it’s safe to say, that bulls are trying to regain control.

然而，随着 memecoin 从 0.0000218 美元的高点跌至 0.0000198 美元，可以肯定地说，多头正在试图重新获得控制权。

But other market indicators suggested that the memecoin could see some more decline before these bulls regain control.

但其他市场指标表明，在这些多头重新控制之前，模因币可能会出现更多下跌。

Source: TradingView

来源：TradingView

For instance, PEPE’s Relative Strength Index (RSI), which hit overbought territory a week ago, declined to 70. This level still indicates overbought territory, and the market is likely to face a correction.

例如，一周前触及超买区域的PEPE相对强弱指数（RSI）已跌至70。该水平仍表明超买区域，市场可能面临回调。

This was visible as the memecoin’s Moving Average flipped to 74. Moreover, the memecoin’s ADX showed that the uptrend was exhausting, and the downward momentum was building.

当 memecoin 的移动平均线翻转至 74 时，这一点显而易见。此外，memecoin 的 ADX 显示上升趋势正在耗尽，而下行势头正在增强。

This surged from 35 to 42, indicating that sellers were entering the market.

该数字从 35 个激增至 42 个，表明​​卖家正在进入市场。

Source: Santiment

资料来源：Santiment

PEPE’s NVT Ratio (with circulation) surged from 41.89 to 89.45. This high NVT ratio suggested Pepe may be overvalued, as its price growth isn’t matched by network activity.

PEPE 的 NVT 比率（含流通）从 41.89 飙升至 89.45。这种高 NVT 比率表明 Pepe 的价值可能被高估，因为其价格增长与网络活动不匹配。

Thus, the price increase isn’t accompanied by meaningful growth in on-chain activity, often signaling speculation rather than utility.

因此，价格上涨并没有伴随着链上活动的有意义的增长，这通常表明投机而不是效用。

Source: IntoTheBlock

来源：IntoTheBlock

We can see this lack of utility and reduced on-chain activity through reduced active addresses. According to IntoTheBlock, active addresses dipped from 23.63K to 15.16K over the past week.

我们可以通过减少活跃地址来看到效用的缺乏和链上活动的减少。根据 IntoTheBlock 的数据，过去一周活跃地址从 23.63K 下降至 15.16K。

Such a sharp decline in address indicates reduced participation, suggesting that the price rally isn’t supported by fundamentals.

地址数量如此急剧下降表明参与度减少，表明价格上涨不受基本面支撑。

Pepe’s next move

佩佩的下一步行动

In summary, although the memecoin made moderate gains on daily charts amidst this whale accumulation, PEPE is still in a corrective wave.

综上所述，尽管 memecoin 在鲸鱼囤积的过程中在日线图上取得了温和的涨幅，但 PEPE 仍处于修正浪潮中。

Therefore, the current conditions could see PEPE decline. If so, the memecoin could drop to $0.000018 and might decline further to find support around $0.00001578.

因此，在目前的情况下，PEPE 可能会下降。如果是这样，memecoin 可能会跌至 0.000018 美元，并可能进一步下跌，在 0.00001578 美元附近找到支撑。

Afterwards, if the attempt by whales results in considerable buying pressure, PEPE could reclaim $0.000022. A breakout from here could see the memecoin hit a new ATH, as resistance above here is minimal.

此后，如果鲸鱼的尝试导致相当大的购买压力，PEPE 可能会收回 0.000022 美元。从这里突破可能会看到 memecoin 触及新的 ATH，因为此处的阻力很小。