$PEPE This is indeed when analyzing, I ignored the bottom position of pepe which doubled in seven days. This was my negligence. Short-term trading usually focuses on the period within 48 hours. So when checking the data during the day, there are actually not many outflows and short openings. Combined with the strength of the big cake, at the same time, the small-level pepe followed the big cake and pulled in a lot of long orders. The main force should not want to ship out at this place. If it stands firm along the trend line in the future, the main force should have a larger increase with the recovery of the market. When analyzing in the afternoon, I ignored the contract position that doubled in seven days. It is indeed a big deal for a copycat of pepe's magnitude to double its holdings.

$PEPE Regarding pepe, I first told you on the 25th that pepe was the most obviously increased among all memes (Figure 2). Later, the overall trend and increase were far ahead of the memes. Many other memes that have been pulled up recently were first hit harder. There is no doubt that pepe has the strongest overall performance.

Then let's take a look at the current situation of pepe (Figure 1). The main force has reduced long positions and increased short positions at large levels such as 24 hours and 48 hours. The cumulative outflow in 48 hours is 29 million. At the same time, there is a continuous increase in short positions at small levels. In the short term, I think it may have reached the top and needs to continue to wash for a period of time. The main force will continue to take long positions before it will strengthen.