標題：匿名加密貨幣分析師 Credible Crypto 警告以太幣 (ETH) 可能暴跌 26%

Credible Crypto 在社交媒體平台 X 上告訴他的 402,300 名粉絲，頂級山寨幣可能尚未找到市場底部。

Pseudonymous crypto strategist Credible Crypto has a large following on social media and is closely followed by investors for his analysis on crypto markets.

化名加密貨幣策略師 Credible Crypto 在社群媒體上擁有大量追隨者，因其對加密貨幣市場的分析而受到投資者的密切關注。

Credible Crypto believes that major crypto asset Ethereum (ETH) could drop further and is not yet out of the woods despite Thursday’s price collapse. He says that the top altcoin could drop by 26%.

Credible Crypto 認為，主要加密資產以太坊 (ETH) 可能會進一步下跌，儘管週四價格暴跌，但尚未擺脫困境。他表示頂級山寨幣可能會下跌 26%。

The crypto strategist points out that derivatives open interest (OI) for ETH has not yet fully flushed out, indicating that the asset may have more room to fall. He adds that the market has been focusing on the price flushes, but the key metric to watch is open interest flushes.

這位加密貨幣策略師指出，ETH 的衍生性商品未平倉合約 (OI) 尚未完全衝出，表明該資產可能還有更大的下跌空間。他補充說，市場一直關注價格的上漲，但值得關注的關鍵指標是持倉量的上漲。

Credible Crypto says that open interest is the total number of outstanding derivatives contracts for a given asset. He explains that when the price flushes, but the open interest doesn’t follow suit, it indicates that traders are still piling into the asset and keeping it propped up.

Credible Crypto 表示，未平倉合約是特定資產的未平倉衍生性合約總數。他解釋說，當價格上漲但未平倉合約沒有跟隨上漲時，這表明交易者仍在大量買入該資產並維持其支撐。

“When we look at OI in coin terms (below) we can see that the big flush on positioning hasn’t actually happened yet. OI has just dropped in money terms because price has dropped.

「當我們從貨幣角度來看 OI 時（如下），我們可以看到倉位上的大同花實際上還沒有發生。由於價格下降，OI 的貨幣價值下降了。

The real flush in positioning likely happens a bit lower. My bet would be a bottom somewhere between $2,200-$2,700. Watch for that flush on OI (in coin terms) as we push into this zone.”

真正的同花順位置可能會稍微低一些。我的賭注是 2,200 美元至 2,700 美元之間的底部。當我們進入這個區域時，請注意 OI（以代幣計算）的上漲。

Credible Crypto’s analysis shows ETH at $3,002 at the time of writing, down 4.24% in the last 24 hours.

Credible Crypto 的分析顯示，截至撰寫本文時，ETH 價格為 3,002 美元，在過去 24 小時內下跌了 4.24%。

The strategist also highlights that memecoin Pepe (PEPE) is likely to continue its downward trend. He says that PEPE has completed its deviation at the range highs and found acceptance back inside the range, targeting the range lows and lower.

該策略師還強調，memecoin Pepe (PEPE) 可能會繼續其下跌趨勢。他表示，PEPE 已經完成了在區間高點的偏離，並在區間內找到了接受點，目標是區間低點和更低。

Credible Crypto adds that some alts have more open air below and have minimum downside targets of 30%-40% lower (range lows on PEPE) with potential for 60%-70% lower before their larger corrections are over (breakdown from range lows for PEPE). He adds that for other alts that have already been battered, 30%-40% may be the max drawdown (even less in some cases).

Credible Crypto 補充道，一些替代品的下方有更多的露天空間，最低下行目標為30%-40% 較低（PEPE 的區間低點），在較大的修正結束之前，有可能下跌60%- 70%（從區間低點分解為PEPE 的區間低點）。他補充說，對於其他已經遭受重創的替代品，30%-40% 可能是最大回檔（在某些情況下甚至更少）。

“Alts like PEPE that have a lot of open air below have minimum downside targets of 30%-40% lower (range lows on PEPE) with potential for 60%-70% lower before their larger corrections are over (breakdown from range lows for PEPE). For other alts that have already been battered to a pulp, 30%-40% may be max drawdown (even less in some cases).”

「像PEPE 這樣的另類股票，其下方有大量空頭，其最低下行目標為30%-40%（PEPE 的區間低點），在其較大修正結束之前，有可能下跌60%-70%（從區間低點細分為PEPE）。對於其他已經被打成漿的替代品，30%-40% 可能是最大回撤（在某些情況下甚至更少）。

Based on the chart, Pepe could dip below $0.00000400.

根據圖表，Pepe 可能跌破 0.00000400 美元。

Pepe is trading at $0.000008656, down 7.54% in the last 24 hours.

Pepe 的交易價格為 0.000008656 美元，過去 24 小時下跌 7.54%。