PEPE Price Trend Analysis: Spot Accumulation and the Battle of Derivative Shorts
The price trend of PEPE shows potential signs of rebound, despite a slight recent decline. In the past 24 hours, the price of PEPE has dropped by 1.06%, with spot traders accumulating positions while derivatives traders tend to short. Technical indicators suggest that PEPE may break through its historical bearish trend, especially as spot market accumulation and liquidity inflows increase. Although the short selling pressure in the derivatives market may suppress prices, strong buying in the spot market could absorb selling pressure and lead to a price rebound.