PEPE is consolidating, but bearish signs are emerging; what is the outlook?

PEPE saw a sharp 26% decline in large-ticket volume. This is often seen as a sign of whale activity, indicating that big players are exiting the market.

In addition to the decrease in whale activity, there has also been a 7.43% decrease in active addresses over the past 24 hours. Such a drop could indicate cooling user interest or a change in trading sentiment.

A decrease in active addresses is usually accompanied by a decrease in transaction volume and may have an impact on liquidity.

Although these data are trending downward, PEPE’s price chart appears to be following a symmetrical triangle pattern. This usually forms before a violent expansion of volatility, where prices will rise or continue to fall. The decrease in large trades reflects the decrease in volatility, which is significantly correlated with the consolidation phase mentioned earlier.

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