When the frog meme collides with the whale's undercurrent, the 0.00001025 PEPE is standing on the knife's edge of the bull-bear meat grinder!
News: Giant whales hoarding and the afterglow of Musk
'Smart money' is frantically bottom fishing:
At the beginning of June, a mysterious giant whale splashed 700 ETH, 1.72 million USD to purchase 154.4 billion PEPE, total holdings soared to 1.3 trillion pieces worth 14.5 million.
At the end of May, there were multiple 'whale transfers': 27.9 million USD PEPE flowed from exchanges to unknown wallets, with a single-day transfer volume exceeding 11.75 trillion pieces, suspected large holders accumulating at low levels.
Hedge fund mogul James Wyn is betting 20 million USD on PEPE long positions with 10x leverage, simultaneously holding 75 million BTC long positions, clearly bullish.
The aftermath of Musk's 'frog rocket' is still felt:
In May, Musk's tweet about 'sunglass frog riding a rocket' caused #PepeCoin's traffic to surge by 70% in 12 hours, with the price skyrocketing by 38% in a single day.
But the market cooled in June: Competitors like DOGE and SHIB saw a 90% drop in social heat, while funds concentrated on PEPE.
Technical analysis: Death cross hanging overhead, 0.00001220 becomes the lifeline.
MACD death cross pressure: On the 4-hour chart, DIFF crosses below DEA, green bars turn negative at -0.00000011, bears are dominant; however, the 30-minute chart shows 'bottom divergence', indicating a possible short-term rebound.
Bollinger Bands 'Death Squeeze': Price tightly adheres to the lower line of 0.00001200, with the middle line of 0.00001185 becoming the rebound ceiling; a breakout needs volume.
Key support level is critical:
Bullish lifeline: 0.00001200-0.00001220
If it breaks, look down to 0.00000956, with a sudden increase in the risk of a sharp decline.
Don't operate blindly, pay attention to Big D; the professional team's strategic analysis will help you avoid pitfalls and seize opportunities! Make the path to asset appreciation clearer!$PEPE #PEPE
