Pepe Coin Flunge：鯨魚惡作劇和價格下跌 - 紐約人的拍攝

Pepe Coin最近的價格下跌使每個人都在談論。只是blip，還是鯨魚在玩遊戲？讓我們分解戲劇。

Alright, alright, alright. Let's talk Pepe Coin. Seems like our favorite frog-themed meme coin is doing the cha-cha with some serious volatility lately. We're talking price drops, whale activity, the whole shebang. Is this the end of the line for PEPE, or just a bumpy ride on the way to the moon? Grab your coffee, and let's dive in.

好吧，好吧，好吧。讓我們談談佩佩硬幣。似乎我們最喜歡以青蛙為主題的模因硬幣正在用一些嚴重的波動性進行Cha-Cha。我們正在談論價格下降，鯨魚活動，整個Shebang。這是Pepe的終點，還是在前往月球的路上只是顛簸的騎行？喝咖啡，讓我們潛水。

The Price Plunge: What's Going On?

價格下跌：發生了什麼？

So, PEPE's price took a 20% hit over six days, testing the $0.000010 support level. Ouch. The big question is, why? Well, it looks like selling pressure is mounting, and if PEPE dips below that psychological $0.000010 mark, we could be looking at a further slide down to $0.0000090. And if the bearish momentum keeps chugging along, $0.00000570 might be in the cards – the lowest closing price this year. Double ouch.

因此，佩佩的價格在六天內遭受了20％的命中，測試了0.000010美元的支持水平。哎喲。最大的問題是，為什麼？好吧，看起來銷售壓力正在增加，如果Pepe下跌低於該心理$ 0.000010，我們可能會進一步下降到$ 0.0000090。而且，如果看跌勢頭不斷努力，則可能是$ 0.00000570，這是今年最低的收盤價。雙ouch。

Whale Alert: Are They Dumping?

鯨魚警報：他們在傾倒嗎？

Now, here's where things get interesting. On-chain data from IntoTheBlock shows a spike in large transactions (over $100,000). This usually signals a peak or bottom in a price cycle. But with increasing selling pressure, it looks like the big boys – the whales – might be cashing out. This increased whale activity reinforces the idea that PEPE might be heading for a deeper correction. But here's the kicker: more recent data showed a 54% spike in whale netflows, indicating accumulation. Confusing, right?

現在，這是事情變得有趣的地方。來自Intotheblock的鏈上數據顯示，大型交易（超過100,000美元）。這通常標誌著價格週期中的峰值或底部。但是，隨著銷售壓力的增加，看起來大男孩 - 鯨魚 - 可能正在兌現。這種增加的鯨魚活動加強了PEPE可能正在深入糾正的想法。但這是踢腳：最新的數據顯示鯨魚的Netflows升高了54％，表明積累。令人困惑，對吧？

Fear in the Derivatives Market

衍生品市場的恐懼

The derivatives market isn't exactly singing a happy tune either. PEPE's open interest fell by 5.70%, landing at $483.09 million. And on June 17, long positions got liquidated to the tune of $2.28 million, way more than the $486,000 in short positions. The long-to-short ratio is down, too, solidifying the bearish sentiment. Traders seem to be bracing for a significant price correction. It's like everyone's whispering, "Sell, sell, sell!"

衍生品市場也不是在演唱快樂的音樂。佩佩的開放利息下降了5.70％，降落為4.830億美元。在6月17日，長期以來的職位被清算至228萬美元，其價格比短期486,000美元的價格還要多。長期的比例也降低了，鞏固了看跌的情緒。交易者似乎正在為重大的價格糾正做好準備。就像每個人都在竊竊私語，“出售，出售，出售！”

A Bullish Reversal on the Horizon?

地平線上看漲的逆轉？

But hold up. Not everyone's running for the hills. Despite the losses, on-chain signals suggest PEPE might be setting up for a bullish comeback in Q3. Whale activity surged as the price held steady around $0.000011, following a 30% drop from its May 23 peak. Whales accumulated an additional 44 billion PEPE tokens in 24 hours, showing confidence in PEPE's value. And get this: whales on platforms like HyperLiquid DEX have reportedly opened over $3 million in long positions on PEPE coin, betting that the token will rise. Now that's some serious faith.

但是堅持。並非每個人都在跑山。儘管造成了損失，但鏈上的信號表明，佩佩可能正在為第三季度的看漲捲土重來。鯨魚活動飆升，因為價格在5月23日峰值下降了30％之後，價格穩定在0.000011美元左右。鯨魚在24小時內增加了440億個Pepe令牌，表明對Pepe的價值充滿信心。並得到這個：據報導，諸如Hyperliquid Dex之類的平台上的鯨魚在Pepe硬幣上的長位置超過300萬美元，押注令牌將上升。現在這是一個嚴肅的信念。

My Two Cents

我的兩分錢

Alright, so what's the deal? Is PEPE doomed, or is it about to skyrocket? Honestly, it's a mixed bag. The recent price drop and increased whale selling are definitely cause for concern. But the surge in whale activity and bullish sentiment in the derivatives market suggest that some big players see potential in PEPE. The support zone has held firm, triggering a 4% daily bounce, reinforcing the possibility of a bullish reversal.

好吧，那怎麼辦？ Pepe注定要失敗，還是即將飆升？老實說，這是一個混合的袋子。最近的價格下跌和鯨魚銷售的增加絕對引起了人們的關注。但是，在衍生品市場中鯨魚活動和看漲情緒的激增表明，一些大型參與者在佩佩中看到了潛力。支撐區保持堅定，每天彈跳4％，增強了看漲逆轉的可能性。

If you ask me, PEPE is a high-risk, high-reward play. It's a meme coin, after all. But that being said, if whale flows keep rising and key technical levels hold firm, PEPE could be building momentum for a comeback. If the bullish sentiment persists, a push toward a new all-time high might not be out of reach. Keep an eye on volume spikes and breakout candles – they'll be your best friends in this wild ride.

如果您問我，Pepe是一部高風險，高級的遊戲。畢竟，這是一個模因硬幣。但是，話雖如此，如果鯨魚的流量不斷上升，那麼關鍵的技術水平堅定，Pepe可能會為複出而建立動力。如果看漲的情緒持續存在，那麼朝著新的歷史最高水平的推動可能不會遙不可及。請密切關注音量尖峰和突破蠟燭 - 他們將成為您在這次狂野旅程中最好的朋友。

The Bottom Line

底線

So, there you have it. PEPE's been on a rollercoaster, but it's not over yet. Whether you're a seasoned crypto trader or just dipping your toes in the water, keep an eye on PEPE. It might just surprise you. And remember, in the world of meme coins, anything is possible. Now, if you'll excuse me, I'm going to go check my portfolio... again.

所以，你有。佩佩一直在過山車上，但還沒有結束。無論您是經驗豐富的加密貨幣商人，還是只是將腳趾浸入水中，都要注意Pepe。這可能會讓您感到驚訝。請記住，在模因硬幣的世界中，一切皆有可能。現在，如果您能原諒我，我將再次檢查我的投資組合。