Today's Bitcoin market share reached 62.29%, hitting a nearly four-year high since March 2021. When Bitcoin's market share surged above 60% last November, altcoins began a small bull market. In both 2019 and 2021, Bitcoin's market share peaked above 70%, followed by a broad market rally.

However, at this stage, the market seems to be filled with signs of an impending bear market, as many altcoins have already been halved compared to their prices last year. Recently, however, there have been significant whales accumulating popular MEME coins in this bull market.

Recently, whale purchases have been active with $PEPE , and today PEPE's price has also seen a noticeable increase. From a daily perspective, PEPE's short-term resistance level is at 0.00000888. The mid-term resistance level is around 0.000019. At the current price, PEPE reaching the mid-term resistance level could result in a doubling of profits.

From an hourly perspective, during the current four-hour uptrend phase, if the market experiences a pullback, PEPE's accumulation levels around 0.00000661—0.00000635, which is approximately 50%—61.8% of the uptrend phase, are suitable for increasing positions. The short-term support is at 0.00000599. As long as the coin price maintains above the support level, the first target for the market will be to test the short-term resistance level of 0.00000888. If the coin price breaks through with volume and stabilizes here, then PEPE's trend will extend from a short-term rebound into a mid-term uptrend. The coin price will then aim to test around 0.000019.

Old Dog will continue to monitor the coin price. Friends with questions are welcome to leave a message in the comments section. #Meme币你看好哪一个？