PEPE has been popular recently, and many people are optimistic about it, because it has risen 17 times from the lowest price to the highest price. This multiple is very tempting for many people, especially those who have bought it but did not hold it, and always want to find a chance to get back what they lost.

Another reason is that it is cheap. You can buy a lot of it for 100 US dollars. Many people think: it is so cheap, and others are talking about its future potential and unlimited value. Buy a little and keep it. If you lose, it won’t be much, and if you make money, you will turn over.

This is not an investment, but buying a dream. Even if it is buying a dream, it depends on the timing. Even if it is only 100, it is earned by hard work.

My personal opinion is: entering the market at this position, the risk is far greater than the gain. First, analyze the trend of the daily line (mid-line) through the market.

1. The daily line rises smaller and smaller, and the volume of the bulls is gradually shrinking, indicating that the power of the bulls is beginning to weaken.

2. The area between the two white lines above is a pressure zone. Normally, when the price rises, the volume will increase when the price encounters pressure. However, the volume here is not increased, but also decreased. This is a very dangerous signal.

3. The first pressure level above was reached three times, but there was no breakthrough. Moreover, the entity of the K-line is getting smaller and smaller, and the amplitude is also narrowing. The bulls are getting weaker and weaker.

Through the above analysis, it can be seen that the bulls of the PEPE daily line are already weak, and have been fluctuating at a high level for more than two months. This trend is more in line with the phenomenon that the main force is shipping, and the risk has come.

When risks appear, the best way to operate is to avoid risks. It is better to miss than to make mistakes. Risks are put first. As long as the capital is still in hand, there is no shortage of opportunities in the currency circle, but only patience.

No matter when, only by making arrangements in advance can we get the results. After the market rises, entering the market again is to chase the rise, and chasing the rise is actually the greed in the heart.

From a trading perspective, chasing rising prices is not a good trading habit, so you must learn to layout at the bottom, rather than entering the market after hearing others say that the price has risen. I believe that those who have experienced Animal Coin at the end of the bull market in 2021 will have a very deep memory of it.

I am Qiqi. If you want to seize this bull market with me, click on my avatar to find me. I will buy the bottom of the cottage industry, high-quality currencies, market trends, the latest information, etc. every day. #pepe🐻 $PEPE