PEPE：近距離觀察 Memecoin 市場的新星

PEPE 最近佔據了 memecoin 市場的中心舞台，是過去一周同類產品中最顯著的漲幅之一。

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

Memecoin PEPE (PEPE) 最近成為焦點，是過去一周同類產品中漲幅最高的之一。

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.

根據 CoinMarketCap 的數據，PEPE 是本週漲幅最大的股票之一。過去7天漲幅超過25%，成為第14大漲幅股。

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

這種上升趨勢使其成為迷因幣中漲幅第二高的貨幣。

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.

隨著交易者放大其令人印象深刻的反彈，仔細檢查價格水平、每日活躍地址和其他指標可以洞察未來的情況。

Charting PEPE’s bullish case

繪製 PEPE 的看漲案例

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

PEPE 的價格表現出驚人的強勢，從 0.00000090 美元攀升至截至發稿時的 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.

該價格點還標誌著 0.00000100 美元關卡附近的關鍵支撐位，該價格在最近的反彈之前就站穩了腳跟。

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.

由於 PEPE 交易價格分別高於 50 日和 200 日移動平均線（分別約為 0.00000096 美元和 0.00000099 美元），這些水準成為看漲勢頭的關鍵指標。

Source: TradingView

來源：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（移動平均線趨同分歧）呈現正交叉，顯示上漲勢頭持續，而平衡量（OBV）線呈上升趨勢，反映出強勁的買盤興趣。

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.

如果其支撐位維持在 0.00000100 美元上方，並使 MACD 保持在看漲區域，則可能會繼續吸引買家瞄準 0.00000115 美元附近的下一個阻力位。

Bearish signs emerge as well

看跌跡像也出現

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

雖然 PEPE 最近的上漲充滿希望，但隨著價格接近潛在阻力位，可能需要謹慎。

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（相對強度指數）已接近超買區域，這表明調整可能即將到來。

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

從歷史上看，當 RSI 達到這些水平時，隨著交易者獲利了結，通常會回調至 0.00000100 美元左右的支撐位。

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

PEPE 的關鍵阻力位為 0.00000115 美元，該價格先前面臨拋售壓力。

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 難以突破該阻力位，則可能預示短期頂部，可能會促使盤整或重新測試較低的支撐位。

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

對於交易者來說，0.00000100 美元的支撐位值得關注，因為跌破該水平可能表明趨勢反轉。

Daily active addresses

每日活躍地址

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

PEPE 的每日活躍地址顯著增加，活動激增與近期價格上漲同時發生。

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

過去幾天，每日活躍地址從 3,500 左右攀升至近 5,000 個，表明人們對該代幣重新產生了興趣。

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

從歷史上看，PEPE 每日活躍地址的激增支撐了價格上漲，表明人們真正感興趣，而不是投機炒作。

Source: Santiment

資料來源：Santiment

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

如果 PEPE 能夠維持這種高活動水平，它可能會繼續形成突破 0.00000115 美元阻力位的勢頭。

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，如果每日活躍地址大幅下降，則可能表示興趣減弱，可能導致回調至 0.00000100 美元的支撐位甚至更低。

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

地址的持續增加可能會強化持續上漲的理由，但地址的減少可能表明價格回到先前的水平。

PEPE’s correlation with Bitcoin

PEPE 與比特幣的相關性

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

這裡的相關係數指標衡量 PEPE 和比特幣 (BTC) 之間關係的強度，以 -1 和 +1 之間的數值表示。

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 的值表示 PEPE 的價格往往與比特幣的價格走勢相同，而接近 -1 的值表示反向關係。

Source: TradingView

來源：TradingView

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

不管現實與否，這是以 BTC 計算的 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，該係數為-0.62，這意味著 PEPE 與 BTC 呈中度負相關。這表明當比特幣上漲時，PEPE 往往會下跌，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，負相關性並不強，這表明雖然存在一些相反的走勢，但 PEPE 可能仍表現出獨立的價格行為。