PEPE 重擊熊市：關於它是什麼以及如何運作的綜合指南

PEPE 價格處於復甦區域，但即使是潛在的看漲結果也被證明是看跌的。投資者遭受重大損失，但這

PEPE price noted a minor 9% rise in price in the last 24 hours, leaving the market in shock. Not because it resulted in the initiation of recovery but because it led to massive short liquidations.

PEPE價格在過去24小時內小漲9%，令市場震盪。不是因為它導致了復甦的開始，而是因為它導致了大規模的空頭清算。

According to the data obtained on Coinglass, the meme coin noted $17 million worth of short liquidations in a single day. This is the largest liquidation in the meme coin’s history, which shows that the bears were expecting an additional decline in the PEPE price this weekend.

根據 Coinglass 上獲得的數據，meme 代幣單日的空頭清算價值為 1,700 萬美元。這是 meme 幣歷史上最大的清算，這表明空頭預計 PEPE 價格將在本週末進一步下跌。

But as terrible news for the bears, it proved to be bullish for other investors, namely the top addresses, including whales. These non-exchange addresses hold the largest amount of PEPE over other individual addresses.

但事實證明，這對空頭來說是個可怕的消息，但對其他投資者來說卻是利多，也就是包括鯨魚在內的頂級地址。這些非交換位址比其他單獨位址持有最多數量的 PEPE。

In the last three weeks, these investors bought more than 1.5 trillion PEPE worth more than $13 million. This shows that the top holders, rather than turning bearish over the decline, observed it as an opportunity to accumulate. This would prove to be profitable once the price recovers.

在過去三週內，這些投資者購買了超過 1.5 兆個 PEPE，價值超過 1,300 萬美元。這表明，頂級持有者並沒有因下跌而變得悲觀，而是將其視為一個累積的機會。一旦價格回升，這將證明是有利可圖的。

PEPE price lost the uptrend that had been unbroken since mid-April earlier this week. As a result, the meme coin fell from $0.00001146 to $0.00000889 at the time of writing. The slip below $0.00001000 was a crucial bearish moment, leading to many believing further decline is on the cards.

本週早些時候，PEPE 價格失去了自 4 月中旬以來持續的上漲趨勢。結果，在撰寫本文時，meme 幣從 0.00001146 美元跌至 0.00000889 美元。跌破 0.00001000 美元是一個關鍵的看跌時刻，導致許多人相信進一步下跌是可能的。

However, the green candlestick from 24 hours ago could be the first sign of recovery. If the meme coin multiplies $0.00001000 into support again, it could rise to $0.00001146 to recover the recent losses.

然而，24 小時前的綠色燭台可能是復甦的第一個跡象。如果 meme 幣再次乘以 0.00001000 美元達到支撐位，則可能會升至 0.00001146 美元以收復最近的損失。

But if this fails, a drawdown to $0.0000775 is also possible, followed by consolidation under $0.00001000. This would invalidate the bullish thesis.

但如果失敗，也有可能回撤至 0.0000775 美元，然後盤整至 0.00001000 美元以下。這將使看漲論點失效。