At present, PEPE has no big impact on me. It is just a retracement of floating losses and floating profits. PEPE is now just at this support level and also in the descending channel. From yesterday's point of view, the whole pattern is still falling. Now it depends on whether this horizontal line position can hold up. The horizontal line is still a relatively large pressure level. The descending channel line of PEPE has also reached the end of the closing, and is in a stage of changing the market. From the daily line, if PEPE can stay horizontal for a week, it depends on whether this support level can hold up. At present, PEPE has not yet stepped out of the descending channel, and can only look at the influence of Bitcoin and ETH.
After the sharp drop of PEPE413, it bottomed out before Bitcoin, and its trend was also stronger than Bitcoin. Bitcoin has not yet broken a new high, but PEPE has directly broken a new high, so it is a weather vane leading the decline and rise of all sectors, so it can be used as a reference target for observing mainstream cottages.
PEPE has now held the support level and has reached the triangle convergence area. Judging from its decline alone, it is enough, but it has risen a lot before, and it is possible that the correction will be deeper, even adjusted to the support level of 0.00000900. In the short term, we will not bet on such a large decline. It mainly depends on whether the previous pin low point can form a turning point. If PEPE can get out of the downward channel, then the cottage may reverse. If you bet on probability, the probability of falling at this position will be greater. If it can hold up, the entire trend will be changed, even if it fluctuates, it is a good thing.
Conclusion, PEPE can be used as a reference for judging the trend of cottages in the near future. If it does not break a new low in the future, the current round of decline will end and form a turning point, and then it will turn into a fluctuating upward market. $PEPE $1000SATS $AMP #币安合约锦标赛 #MegadropLista #币安HODLer空投 #币安上线ZK #美联储何时降息?