Pepe Coin Price Soars 14%, But Whales Don't Show Up: Is This Round of Gains at Risk?

! Pepe Coin price has once again been in the spotlight with a strong 14% increase in a single day, briefly ranking among the strongest performers in the meme coin sector. At the same time, on-chain and derivatives data show that most large holders and top traders choose to wait and see or even partially reduce their positions in this round of market.

As a Gate content creator, this article will provide an in-depth analysis of the latest surge in Pepe Coin’s price, explore the true meaning behind the “silence of large investors”, sort out technical signals, and provide Gate users with risk management ideas to deal with such retail-dominated markets.

Pepe Coin Price: 14% Rebound in Big Downtrend

According to comprehensive market data, Pepe Coin’s current price range is around $0.0000045–$0.0000050, with a market capitalization of about $18–$1.9 billion, and a 24-hour trading volume remaining low at hundreds of millions of dollars.

In this round of “Pepe Coin price surge 14%”, PEPE rose by about 14% in 24 hours, becoming one of the strongest short-term performers among mainstream meme coins. However, it should be noted that when this increase occurred, the monthly decline in Pepe Coin’s price was still about 28%, and the cumulative decline in the past three months was about 53%, which means that this rebound is a phased recovery in a sharp downtrend, not a reversal after a clear long-term bottom.

In other words, a typical “new bull market” structure has not yet formed. The Pepe Coin price exhibited a violent bucking rally that is common with meme coins – a strong volatility that could either be the starting point for a new rally or fade quickly.

Pepe Coin price and large investors: retail investors dominate the market

What makes this round of Pepe Coin price increase special is the change in dominant forces.

On-chain wallet behavior analysis shows:

• Large wallets and the top 100 holders did not significantly increase their PEPE holdings during the 14% increase;
• The “smart funds” group remained neutral as a whole, and there was no active pursuit of gains.
• The main net buying came from numerous small retail wallets, which is supported by the structure of exchange outflows.

At the same time, the derivatives market tends to be cautious:

• Long contract holdings for large wallets decreased by about 7.34%;
• Top traders cut their long positions by about 26% during the same period.

This pattern – Pepe Coin’s price rise while large and professional traders choose to reduce their positions or wait and see – means that this round of the market is mainly driven by retail investors. Historical experience shows that the market supported by large investors continues to buy more sustainably, while the rise led by retail investors is often more prone to a sharp retracement if the sentiment changes.

For Gate users, this difference is crucial. Retail FOMO sentiment can push up the price of Pepe Coin in the short term, but it lacks the escort of large funds, and if market sentiment weakens, early buyers may lock in profits and accelerate the correction.

Pepe Coin Price Technicals: RSI Divergence and Key Levels

Pepe Coin price technical indicators are also showing divergence signals.

From late November to early December, the candlestick saw a downward movement of price highs, while the relative strength index (RSI) reached new highs. This structure of “momentum increases but price does not follow” is an implicit bearish divergence, which often indicates that the downward trend is not over, and even if there is a short-term rebound, it is difficult to change the general trend.

Key price levels to watch in recent analysis include:

• $0.000005047–$0.0000052: Pepe Coin price needs to hold and break out of this range to potentially unleash fundamental strength and change trends;
• Around $0.0000039: If the rally completely gives up, this support zone could be retested, at which point the 14% gain will be completely erased and the overall bearish structure will reappear.

These key points highlight the high level of risk and return compression at present. Once the Pepe Coin price falls below the support, there is limited room for a pullback; If it can effectively break through the resistance, it needs to be confirmed by continuous buying and large funds.

Pepe Coin Price, Volume, and Pattern Risk: Fragile Structure

In addition to support and resistance, some analysts are concerned that the Pepe Coin price may form a head and shoulders structure on the high-period chart. If the head and shoulders pattern is fully confirmed and the volume amplifies below the neckline, it usually signals a bearish reversal.

Currently, the trading volume around the 14% increase does not clearly point to a strong reversal or a mature downward pattern:

• Pepe Coin’s price rally was accompanied by increased activity, but there was no explosive volume needed for a new round of sustained gains.
• At the same time, there has been no “liquidation” volume pullback yet, and weak positions have not been completely washed out.

Combined with the data of large investors and derivatives, the overall situation presents a market dominated by retail investors and the technical structure is still fragile.

Pepe Coin Price on Gate: How to Respond to Retail Dominance

On the Gate platform, Pepe Coin offers meme coin traders the opportunity to directly participate in volatility through active trading pairs like PEPE/USDT.

Given the current market environment, many Gate users may prefer tactical rather than cross-margin strategies:

• Short-term traders can focus on intraday fluctuations and use Gate’s tools such as limit orders, stop-loss orders, and take-profit orders to set risks in advance and avoid emotional operations.
• Swing traders can pay attention to whether the Pepe Coin price can hold the key support at $0.0000050 and challenge the resistance, controlling their positions reasonably to ensure that a drop back to $0.0000039 will not have a significant impact on the overall asset.
• Long-term investors can view PEPE as a highly resilient, high-risk satellite asset, paired with mainstream currencies such as BTC and ETH, maintaining a small allocation while keeping a close eye on on-chain data and liquidity changes.

The Gate platform interface, chart integration, and diverse order tools help traders systematically manage high-volatility assets like PEPE, avoiding relying solely on social media sentiment or impulsive decision-making.

Pepe Coin Price Outlook: High Potential and High Vulnerability

The latest 14% increase in Pepe Coin’s price is yet another proof that meme coins are still performing amazingly as market sentiment picks up. However, the lack of large participation, the reduction of holdings by top traders, and the implicit bearish divergence of the RSI all indicate that this round of rally has not yet formed an institutional-led reversal.

For Gate users, a rational view of Pepe Coin price should include the following points:

• Upside exists, especially when the overall sentiment of meme coins improves, PEPE effectively breaks through key resistance, and the volume amplifies with volume.
• Downside risks are also significant, and if support is lost and large players continue to reduce their positions, the market could weaken quickly.

As always, decisions to trade or hold Pepe Coin on Gate should be based on independent research, clear personal risk tolerance, and strict strategy execution. The meme coin market fluctuates violently, and the ups and downs can be extreme - under the current structure, fund safety is as important as position management, and you should not just blindly chase the next green candlestick.