#BTC再次刷新历史高点
Technical Analysis of PEPE Coin Decline
Recently, the value of PEPE has dropped significantly. To put it simply, this is due to the 'pump and dump' scheme in the market, where the big players make a fortune while the small retail investors suffer.
What's causing the decline?
This decline is because the big players are trying to scoop up some liquidity from the bottom to make big profits for themselves. This process goes through several steps:
The big players first hoard a large amount of PEPE coins at a low price. Then, through marketing tactics and market manipulation, they drive up the price of PEPE coins. Once the price rises, the big players start to sell off, and the price naturally plummets. Small retail investors see the price rising quickly and think they can make quick money, but when they buy at a high price and the price drops, they end up losing a lot.
What's next?
Although it is currently experiencing a significant drop, we must remember that PEPE coin has always managed to bounce back after major declines. The cryptocurrency market is highly volatile, but it also has times of recovery.
In summary
Investors need to understand that cryptocurrency carries a high level of risk, and investments should be made cautiously. However, looking at the history of PEPE coin, although it fluctuates in the short term, there may be opportunities for recovery and growth in the next six months; when exactly that will start, we still have to wait and see.
Dedicated to helping more people, a high-quality circle of information can help you go further and more steadily, focusing on contracts, joining conditions: real players!
