PEPE's recent market trends have shown a series of encouraging signs, indicating that a potential strong rebound is ready. After a week of stabilization and adjustment, PEPE currency is gradually brewing upward momentum, and the positive signals on its price chart are particularly significant. It is worth noting that PEPE coin successfully broke through the key resistance level of $0.001119. This position is not only the intersection of the trend line and important support, but also a turning point in market sentiment. After this breakthrough, although it experienced a short period of stability, it always stayed above the key support, showing a strong willingness to rebound.
What is particularly noteworthy is that according to AMBCrypto’s in-depth analysis of Coinglass data, up to 79% of PEPE coin holders have achieved profits at the current price level, covering more than 218,720 addresses. Such a high proportion of profitable holders undoubtedly injects confidence into the market, and they may be more inclined to maintain their positions, thereby reducing the selling pressure in the market and paving the way for further gains in PEPE coins.
In addition, IntoTheBlock data shows that the concentration of PEPE coins in the hands of major shareholders is as high as 72%. This "whale-level" holding phenomenon is not only a strong proof that investors are optimistic about PEPE's prospects, but also provides a solid foundation for the currency's price stability. This highly concentrated holding pattern tends to enhance market resilience and provide strong support for potential rebounds.
In terms of capital flows, although PEPE coins have seen some capital outflows recently, the overall trend is still positive. In particular, capital inflows have dominated the past 24 hours. This positive flow of net capital is seen as an important driving force in the transition from the current consolidation phase to a rebound.
