上週急劇激增後，Pepe經歷了輕微的回調

佩佩（Pepe）上週激增後經歷了輕微的回調。令牌的交易價格為0.00001399美元，下跌了3.19％

PEPE price pulled back slightly today as the memecoin sector continues to heat up.

隨著Memecoin部門繼續升溫，今天的Pepe Price略有退縮。

On-chain data suggests that large holders may be taking some profits.

鏈上的數據表明，大持有人可能正在獲取一些利潤。

PEPE price pulled back slightly today after a remarkable surge last week. Trading at $0.00001399, the token is down 3.19% in the last 24 hours.

佩佩·普萊斯（Pepe Price）上週激增後，今天略有退縮。在過去24小時內，令牌的交易價格為0.00001399美元，下跌3.19％。

This follows an impressive 84% rise over the past few days.

在過去的幾天中，這令人印象深刻的84％。

The overall memecoin sector continues to heat up, with total market capitalization increasing from $55 billion to $72.2 billion in less than two weeks.

整體紀念行業繼續升溫，總市值從不到兩週的時間從550億美元增加到722億美元。

This move is fueled by the remarkable recovery of industry giants Dogecoin (DOGE) and Shiba Inu (SHIB), both of which have seen their prices double since mid-April.

自4月中旬以來，行業巨頭Dogecoin（Doge）和Shiba Inu（Shib）的出色恢復助長了這一舉動。

Recently, price action in PEPE has formed what technical analysts describe as a double top pattern, with two failed attempts to break above the $0.0015 psychological barrier.

最近，PEPE的價格動作形成了技術分析師所說的雙層模式，兩次失敗的嘗試超過了0.0015美元的心理障礙。

This technical formation often signals potential exhaustion in buying momentum and may hint at a forthcoming correction.

這種技術形成通常標誌著購買勢頭的潛在疲憊，並可能暗示即將進行的更正。

On-chain data from May 12 reveals a dramatic spike in whale transactions, defined as transfers exceeding $100,000 in value.

5月12日起的鍊鍊數據顯示，鯨魚交易的急劇激增，定義為超過100,000美元的轉移。

On-chain data from May 12 reveals a dramatic spike in whale transactions, defined as transfers exceeding $100,000 in value.

5月12日起的鍊鍊數據顯示，鯨魚交易的急劇激增，定義為超過100,000美元的轉移。

The number of these large transactions spiked by 257%, reaching 720 on that day, which exactly coincides with PEPE’s price peak at $0.000015.

這些大型交易的數量飆升了257％，當天達到720，這與Pepe的價格峰值恰好為0.000015美元。

This observation is significant because when transaction counts among whales approach or exceed 800 after a strong uptrend, it often indicates that large holders are taking profits.

這一觀察結果很重要，因為當鯨魚在捕獲強大後的交易中計數或超過800時，這通常表明大持有人正在獲利。

Previous instances of this behavior in May, November, and December 2024 were followed by price corrections.

以前在5月，11月和2024年12月的這種行為的實例隨後進行了價格更正。

However, despite these warning signs, retail enthusiasm remains strong. PEPE’s holder count has grown to over 432,000 addresses, suggesting continued grassroots support for the token.

但是，儘管有這些警告信號，零售熱情仍然很強。 Pepe的持有人數量已增長到432,000多個地址，這表明對令牌的基層支持持續。

Over the past month, the coin has embarked on a remarkable journey. Starting from around $0.0000075 on May 6, PEPE doubled in value to reach $0.000015 by May 12.

在過去的一個月中，硬幣開始了一段非凡的旅程。從5月6日的$ 0.0000075開始，Pepe的價值翻了一番，到5月12日達到0.000015美元。

This growth has cemented its position as the third-largest memecoin by market capitalization, trailing only the industry giants Dogecoin (DOGE) and Shiba Inu (SHIB).

通過市值，這種增長鞏固了其作為第三大紀念的地位，僅落後於行業巨頭Dogecoin（Doge）和Shiba Inu（Shib）。

PEPE’s market cap expansion from $2.4 billion in March to its current $5.9 billion demonstrates the explosive growth potential of popular memecoins during favorable market conditions.

佩佩的市值從3月的24億美元擴大到目前的59億美元，這表明了在有利的市場條件下，流行的紀念物的爆炸性增長潛力。

Technical Analysis: Mixed Signals Despite Recent Pullback

技術分析：儘管最近回調，但也有混合信號

A technical analysis of PEPE’s price chart on the four-hour timeframe reveals several concerning indicators for short-term holders.

對PEPE的價格表進行了四個小時的時間表的技術分析顯示，短期持有人的幾個指標。

The Relative Strength Index (RSI) shows a bearish divergence, declining from overbought territory toward the midpoint while the price attempted to maintain its uptrend.

相對強度指數（RSI）顯示出看跌的分歧，從過度購買領土向中點下降，而價格試圖維持其上升趨勢。

Furthermore, the MACD indicator has formed a negative crossover, with both the MACD and signal lines trending lower, suggesting increasing bearish momentum.

此外，MACD指示器已經形成了負分頻器，MACD和信號線趨勢較低，表明持續的動量增加。

If PEPE breaks below the $0.00001274 support level, technical projections estimate a potential 25% decline toward $0.00001063.

如果Pepe突破低於$ 0.00001274的支持水平，那麼技術預測估計潛在的25％下降到0.0000001063美元。

However, this bearish scenario would be invalidated if buyers push the price above the $0.000015 resistance level.

但是，如果買家將價格提高到0.000015美元的阻力水平，這種看跌的情況將無效。

Current RSI readings stand at 84.16, placing PEPE in overbought territory. This condition typically precedes consolidation periods, which can be healthy during strong upward trends.

當前的RSI讀數為84.16，將Pepe置於過多的領土上。這種情況通常在整合期之前，在強烈的向上趨勢中可以健康。

Derivatives Market Dynamics: High Long Positions and Record Open Interest

衍生品市場動態：高度長時間並記錄開放興趣

Derivatives market data tells an interesting story about trader sentiment. Despite the technical warning signs, 72% of PEPE traders on Binance maintain long positions.

衍生品市場數據講述了一個關於交易者情緒的有趣故事。儘管有技術警告信號，但託管公司的Pepe交易員中有72％保持長期位置。

This has pushed the long/short ratio to 2.57, indicating strong bullish sentiment among retail traders.

這將長/短的比率提高到2.57，表明零售商人的強烈看漲情緒。

Open interest remains near record highs at $583 million, showing sustained trader engagement with the token.

開放興趣仍然接近創紀錄的高點，達到5.83億美元，顯示出與代幣的持續交易者參與。

However, in the past 24 hours, PEPE’s trading volume has dropped by over 20%, and open interest has declined by 11.42%.

但是，在過去的24小時內，Pepe的交易量下降了20％以上，開放利息下降了11.42％。

This cooling activity has resulted in more than $4.71 million in long position liquidations, suggesting that some traders are beginning to take profits or get stopped out of positions.

這種冷卻活動導致了超過471萬美元的長位置清算，這表明某些交易者開始拿走利潤或停止職位。