PEPE Coin Faces Correction Amid Whale Sales and Bearish Trend

PEPE 代币在鲸鱼销售和看跌趋势中面临调整

Following the U.S. Federal Reserve's 25 basis point rate cut, the cryptocurrency market has experienced a renewed downturn in late December. The impact has been particularly pronounced on meme coins, including PEPE, due to their speculative nature.

继美联储降息25个基点后，加密货币市场在12月下旬再次陷入低迷。由于其投机性质，这种影响对包括 PEPE 在内的 meme 币尤其明显。

Key Points:

要点：

• The formation of a double-top chart pattern may lead to an extended correction below $0.00001.
• Support levels at $0.000017 and $0.0000128 (corresponding to the 100- and 200-day exponential moving averages) will be crucial for buyers.
• A bearish divergence in the Relative Strength Index (RSI) indicates waning bullish momentum.

Whale Sales Amplify Downward Pressure

双顶图表形态的形成可能会导致价格进一步修正至 0.00001 美元以下。0.000017 美元和 0.0000128 美元的支撑位（对应 100 日和 200 日指数移动平均线）对于买家来说至关重要。强度指数（RSI）显示看涨势头减弱。鲸鱼销售放大下行压力

Amid the market downturn, a major whale moved 150 billion PEPE tokens (worth $2.72 million) to Binance to mitigate losses. This follows a previous transaction on November 28th, where the whale withdrew a similar amount of PEPE and SHIB.

在市场低迷时期，一只大鲸鱼将 1500 亿个 PEPE 代币（价值 272 万美元）转移到币安以减轻损失。在此之前的 11 月 28 日交易中，鲸鱼撤回了类似数量的 PEPE 和 SHIB。

According to Lookonchain data, the whale currently faces significant unrealized losses on both PEPE ($219,000) and SHIB ($136,000). If PEPE's price continues to decline, the whale may further liquidate its position. Historically, such whale exits have coincided with market corrections and bearish sentiment.

根据 Lookonchain 的数据，鲸鱼目前在 PEPE（219,000 美元）和 SHIB（136,000 美元）上都面临着巨大的未实现损失。如果PEPE价格继续下跌，鲸鱼可能会进一步平仓。从历史上看，鲸鱼的退出往往与市场调整和看跌情绪同时发生。

Double-Top Pattern Hinting at Major Breakdown

双顶形态暗示重大崩溃

Following the Fed's hawkish announcement, Bitcoin's price plummeted below $100,000, triggering a correction across the altcoin market. PEPE has witnessed a significant drop from $0.000022 to $0.0000174 in the past 48 hours.

在美联储发表鹰派声明后，比特币价格暴跌至 10 万美元以下，引发了整个山寨币市场的回调。在过去 48 小时内，PEPE 从 0.000022 美元大幅下跌至 0.0000174 美元。

A daily chart analysis reveals the formation of a classic double-top reversal pattern. This pattern is characterized by two major reversals from a common resistance level, resulting in an "M" shape.

日线图分析揭示了经典双顶反转形态的形成。该形态的特点是从共同阻力位发生两次重大反转，从而形成“M”形状。

Furthermore, the RSI indicator shows a bearish divergence, with lower highs despite higher peaks in price. This suggests a loss of bullish strength.

此外，RSI 指标显示看跌背离，尽管价格峰值较高，但高点较低。这表明看涨力量正在丧失。

Under the influence of this pattern, PEPE's price could break below the neckline support at $0.0000172, intensifying the selling pressure. The subsequent decline could lead to a 55% drop to $0.0000077.

在此模式的影响下，PEPE 的价格可能会跌破颈线支撑位 0.0000172 美元，从而加剧抛售压力。随后的下跌可能导致 55% 跌至 0.0000077 美元。

Conversely, if buyers defend the $0.000017 support, the price may stabilize, allowing for the accumulation of bullish momentum for a potential rally.

相反，如果买家守住 0.000017 美元的支撑位，价格可能会稳定下来，从而为潜在的反弹积累看涨势头。