PEPE 代币显示出复苏的希望，但前方的道路充满不确定性

在上周下跌超过 20% 后，PEPE 似乎正在卷土重来。该代币在过去 24 小时内上涨了 4% 以上。

After a difficult week that saw its value plummet by over 20%, PEPE appears to be recovering, with a gain of more than 4% in just the last 24 hours. But what does this mean for the future of the memecoin?

在经历了价值暴跌超过 20% 的艰难一周后，PEPE 似乎正在复苏，在过去 24 小时内涨幅超过 4%。但这对模因币的未来意味着什么？

Last week was a challenging one for PEPE, with a loss of over 20% in just seven days. However, things started to look better in the last 24 hours, with a price increase of 28% per ByBit, trading at $0.000018618 at the time of writing. Not only that, but its trading volume also surged by 33%, crossing $4.25 billion.

上周对于 PEPE 来说是充满挑战的一周，短短 7 天的时间就损失了 20% 以上。然而，过去 24 小时内情况开始好转，ByBit 的价格上涨了 28%，在撰写本文时交易价格为 0.000018618 美元。不仅如此，其交易量也猛增33%，突破42.5亿美元。

Usually, when both price and trading volume go up together, it points to a stronger market. This pattern is common for memecoins, which are known to be quite volatile. They often get hit the hardest during market corrections, but they also tend to recover quickly when things improve. However, the question remains: Will this trend last, or is it just a temporary rally?

通常，当价格和交易量同时上涨时，就表明市场走强。这种模式对于模因币来说很常见，众所周知，模因币的波动性很大。他们往往在市场调整期间受到最严重的打击，但当情况好转时，他们也往往会迅速恢复。然而，问题仍然存在：这种趋势会持续下去，还是只是暂时的反弹？

Looking ahead, there are mixed signals about PEPE's future. On one hand, data shows that buying interest in PEPE has grown recently. The amount of tokens being held outside exchanges has gone up, while the supply on exchanges has decreased. This shift often means more investors are holding onto their tokens, which can drive prices higher.

展望未来，有关 PEPE 未来的信号好坏参半。一方面，数据显示近期PEPE的购买兴趣有所增长。交易所外持有的代币数量有所增加，而交易所内的供应量却有所减少。这种转变通常意味着更多的投资者持有他们的代币，这可能会推高价格。

Moreover, the Fear and Greed Index, which measures market sentiment, stood at 24%—a sign of “extreme fear.” Interestingly, such fear in the market often presents opportunities for price rebounds. This could mean that PEPE, being a memecoin, has room to grow.

此外，衡量市场情绪的恐惧和贪婪指数为24%——这是“极度恐惧”的迹象。有趣的是，市场的这种担忧往往会带来价格反弹的机会。这可能意味着 PEPE 作为一种模因币，有增长的空间。

On the other hand, not all the news is good. Big investors, known as whales, have been selling some of their PEPE holdings, which might put a damper on its upward momentum. A drop in whale activity can create selling pressure, which might slow down its rise.

另一方面，并​​非所有消息都是好消息。被称为“鲸鱼”的大型投资者一直在出售其持有的部分 PEPE，这可能会抑制其上涨势头。鲸鱼活动的减少可能会产生抛售压力，从而可能减缓其上涨速度。

Several market indicators also show conflicting trends. For instance, The Relative Strength Index (RSI) is moving upwards, which is a positive sign that suggests more people are buying PEPE, which could help sustain its recent growth. However, the Moving Average Convergence Divergence (MACD) indicator paints a less optimistic picture. It signals that a bearish trend may be forming, which could mean prices might fall again in the near future.

一些市场指标也显示出相互矛盾的趋势。例如，相对强度指数（RSI）正在上升，这是一个积极的信号，表明更多的人正在购买 PEPE，这可能有助于维持其近期的增长。然而，移动平均收敛背离（MACD）指标描绘的情况却不太乐观。它表明看跌趋势可能正在形成，这可能意味着价格可能在不久的将来再次下跌。

As the VR Soldiers, we believe PEPE's recent gains are encouraging, but the road ahead is still uncertain. On the bright side, growing buying pressure and market fear could support more gains. However, whale activity and bearish indicators make it important for investors to proceed carefully. Always remember, this is not financial advice—make informed decisions.

作为 VR Soldiers，我们相信 PEPE 最近的进展令人鼓舞，但未来的道路仍然不确定。从好的方面来看，不断增长的购买压力和市场担忧可能会支撑更多涨幅。然而，鲸鱼活动和看跌指标使得投资者谨慎行事非常重要。永远记住，这不是财务建议——做出明智的决定。

The memecoin's rise in the last 24 hours suggests recovery, but it is too early to call it a complete turnaround. While buying activity and market fear could push prices higher, whale selling and bearish trends suggest caution. For now, PEPE's recovery shows promise, but the future remains unpredictable, as memecoins often depend heavily on sudden market shifts.

Memecoin 在过去 24 小时内的上涨表明其正在复苏，但现在称其为彻底好转还为时过早。虽然购买活动和市场恐惧可能会推高价格，但鲸鱼抛售和看跌趋势表明要谨慎行事。目前，PEPE 的复苏显示出希望，但未来仍然不可预测，因为模因币通常严重依赖于突然的市场变化。