12.31 Evening Market Overview: ETH On-Chain Golden Dog PEPE

$PEPE This afternoon, there was a sudden surge from 0.17 directly to 0.2, initially, no one reacted, but later it was discovered that Musk had changed his avatar to a frog avatar, which is indirectly promoting PEPE; at the same time, the name was changed to Kekius Maximus, and the first-level market KM token also surged rapidly; this is the celebrity effect, no doubt the number one KOL in blockchain.

However, it must be said that since the 20th, the market has been desolate and quiet; it is time for someone to step up and break the ice to stimulate the current market; today is the last day of the year 24, and the index has also pulled back to 95K, making a perfect conclusion for the year 24. Next, we look forward to the fiery and violent bull market of the year 25.

The three large bullish candles on the 4H chart of PEPE are very beautiful, having broken through the upper resistance line and stabilized, moving out of a converging triangle; the next resistance line and support resonance is at 0.2181; looking again at the 4H chart, it is already a bat pattern, with the BC point completed, predicting that the D point will fall around 0.2677; the bat pattern also tells us that this wave of rebound PEPE will go to 0.2677, with a target of reaching 0.3018; resistance at 0.2139 and 0.2303, support at 0.1883 and 0.1714.

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