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More →Pepe (PEPE) Rises 11% Daily: Further Pump or Correction on the Way?
The frog-themed meme coin has defied the latest market correction, pumping double digits today (October 23) and reaching a monthly high. Some analysts believe the price could rise further in the short term, but key factors suggest the move hasn’t been healthy and might be followed by a pullback. PEPE is one of the top-performing cryptocurrencies today and currently trades near $0.000005076. Its market capitalization has surged past $2.13 billion, making it the 50th-largest cryptocurrency and, once again, the fourth-biggest meme coin. Recall that yesterday (October 22), MemeCore (M) briefly took that position after <a href="https://cryptopotato.com/memecore-m-flips-pepe-pepe-after-pumping-25-in-a-day-details/" rel="nofollow" target="_blank">posting</a> a significant price increase. <a href="https://x.com/TokenTalk3x/status/2112826521102721179" rel="nofollow" target="_blank">According</a> to Token Talk, PEPE’s bulls have “one job right now”: push the token’s market cap above $2.21 billion. “The daily structure has improved massively from the summer lows, but resistance is resistance until proven otherwise,” the analyst added. X user Sjuul | AltCryptoGems also <a href="https://x.com/AltCryptoGems/status/2113248262987870219" rel="nofollow" target="_blank">issued</a> a bullish thesis, saying he still likes the PEPE chart, which is showing signs of “relative strength.” He believes buyers must now hold that flipped support/resistance level to trigger an additional potential pump. For his part, Crypto With Gopal <a href="https://x.com/cryptowithgopal/status/2113563112704192922" rel="nofollow" target="_blank">claimed</a> that PEPE has flashed an inverted head-and-shoulders reversal, with price pushing toward the $0.0000050-$0.0000053 neckline zone. He said a confirmed breakout could trigger a powerful recovery move and argued that bullish momentum has been building. Despite the impressive uptick, PEPE remains a meme coin, making it especially vulnerable to speculation and volatility, so a short-term correction wouldn’t be a surprise. The token’s Relative Strength Index (RSI) supports that scenario. The technical analysis tool runs from 0 to 100, where anything above 70 means that PEPE has entered overbought territory and could be headed for a pullback. Conversely, readings below 30 are typically seen as buying opportunities. Recently, the ratio exploded to 94. PEPE’s exchange netflow is also worth monitoring. Inflows have dominated outflows lately, suggesting investors have shifted from self-custody to centralized platforms, increasing immediate selling pressure. The post <a href="https://cryptopotato.com/pepe-pepe-rises-11-daily-further-pump-or-correction-on-the-way/" rel="nofollow" target="_blank">Pepe (PEPE) Rises 11% Daily: Further Pump or Correction on the Way?</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow" target="_blank">CryptoPotato</a>.
US options market open interest stands at 665,746,029 contracts.
BiJie Network US stock data: US options market open interest stands at 665,746,029 contracts, of which 379,893,619 are calls and 285,852,410 are puts.
A whale holds $214 million in long ETH positions and faces liquidation.
According to data from Bijie.com, a whale holds a long position of 93,200 ETH, currently worth about $214 million. If the market continues to decline, the position faces liquidation, with liquidation prices at $2,256.45 and $2,226.53, respectively.
Arthur Hayes sold $26 million in crypto assets, saying the market needs to fall first before it can rise.
CoinWorld news, according to Cointelegraph, Arthur Hayes recently sold $26 million worth of crypto assets, including 8,000 ETH, and said the market must fall first before it can rise again.
GoPlusSecurity: Legacy iOS vulnerability exploited to steal Web3 keys and crypto assets
According to a report from Bijie.com, GoPlusSecurity has reported that an old iOS vulnerability is being exploited to steal Web3 keys and crypto assets, and is fueling malicious transactions, malware sales, phishing, and trojan applications. The report provides a detailed analysis of the attack methods, the operators, the flow of funds, and how to stay safe.
The crypto market lost over $40 billion within 24 hours, with more than 213,000 traders liquidated.
According to data from Bijie.com: reports show that over the past 24 hours, the total value of the crypto market has evaporated by more than $40 billion, and more than 213,000 traders were liquidated during the same period. Within a single hour, liquidations exceeded $270 million, of which 94% came from long positions.
The U.S. 10-year real yield is at 2.64%.
CoinWorld US stock market data: The latest daily reading of the US 10-year real yield is 2.64%. Compared with the same-caliber snapshot 24 hours ago, it is down 0.12 percentage points; compared with the same-caliber snapshot 7 days ago, it is down 0.14 percentage points.
The Israeli military has expelled 1,500 Palestinians from their homes in Hebron.
Palestine News Agency reported on the 24th that the Israeli military began military operations in the West Bank city of Hebron on the 23rd, displacing about 1,500 Palestinians from their homes, with another 2,500 set to be displaced. Citing Hebron Governor Khaled Dudin, the Palestine News Agency reported that the Israeli military operation has left more than 200 Palestinian families homeless. The Israeli military has also demolished homes and shops in the area, blocked roads leading to Hebron, and prohibited residents from entering or leaving the city. The Israel Defense Forces stated in a declaration on the 23rd that it would carry out "precise, targeted, and comprehensive" search operations in Hebron to locate and destroy "terrorist" facilities and weapons.
The Ethereum project x100 has been under sustained attack, with the attacker siphoning off 4.85 million USDT.
According to CoinWorld news, the Ethereum project x100 has recently suffered sustained attacks. The attacker seized two of the project's senate governance seats and sold 400,000 x tokens into an empty pool. Subsequently, another attacker destroyed the Uniswap V3 liquidity position held by the freezer contract, extracting approximately 4.85 million USDT in total.
A whale liquidated its entire positions in ENA, MNT, ETH, and LDO, making a profit of $340,000.
According to CoinWorld news, a whale liquidated its positions in ENA, MNT, ETH, and LDO one hour ago, selling a total of $2.597 million and making a profit of approximately $340,000. Among these, ENA was bought for $433,800 and sold for $946,900; MNT was bought for $166,700 and sold for $138,000; ETH was bought for $1.47 million and sold for $1.29 million; LDO was bought for $186,700 and sold for $222,100. The crypto market subsequently experienced a sharp decline, with ETH briefly falling below $2,330.