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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>.
ETH/BTC比率报0.029481
According to Bijie.com data: market conditions at the same point in time show that 1 ETH is approximately equal to 0.029481 BTC.
Concurrence launches AI system to protect hospital patient data
CoinWorld news: Days after Quest Diagnostics was hacked and patient records were leaked, Concurrence launched a new AI system designed to ensure that patient data at hospitals does not leave the hospital. The system serves roughly half of the hospitals and doctors in the United States.
Iran says two supertankers struck mines and exploded in the southern Strait of Hormuz.
According to CoinWorld news, the Islamic Revolutionary Guard Corps Navy announced that earlier on the 23rd, two supertankers attempting to illegally cross the southern part of the Strait of Hormuz struck mines; the explosions and fires crippled their engine rooms and left them anchored in place. The two tankers were carrying more than 4.5 million barrels of crude oil in total and were abandoned in the southern Strait of Hormuz after striking the mines, with the crew abandoning ship to escape.
President Trump: I doubt Iran will take the initiative to say "let's get down to business."
CoinWorld news, U.S. President Trump: I doubt Iran will take the initiative to say "let's get down to business."
CFTC: As of October 20, net long positions held by COMEX gold speculators decreased by 2,392 lots to 108,685 lots.
CoinWorld data: The U.S. Commodity Futures Trading Commission (CFTC) reported that for the week ended October 20, net long positions held by speculative traders in COMEX gold fell by 2,392 lots to 108,685 lots. Meanwhile, net long positions held by speculative traders in COMEX silver fell by 1,988 lots to 3,746 lots, and net long positions held by speculative traders in COMEX copper fell by 13,161 lots to 48,009 lots.
Franklin Templeton计划推出95%股票与5%比特币的ETF
CoinWorld news: Franklin Templeton has announced plans to launch two ETFs, tracking the S&P 500 and NASDAQ 100 indices respectively, with a product allocation of 95% equities and 5% Bitcoin, managing assets of $1.8 trillion, and reinvesting stock dividends into Bitcoin.
CFTC: Net short positions held by speculators in CME S&P 500 futures decreased to 348,674 contracts.
CoinWorld news, the U.S. Commodity Futures Trading Commission (CFTC) reported that for the week ending October 20, speculative net short positions in CME S&P 500 index futures held by equity funds decreased by 42,221 contracts to 348,674 contracts.
International oil prices rose significantly on the 23rd.
BiJie Network data: International oil prices rose significantly on the 23rd. As of the close that day, the price of light sweet crude oil futures for December delivery on the New York Mercantile Exchange rose by $3.80, closing at $103.27 per barrel, an increase of 3.82%. The price of London Brent crude oil futures for December delivery rose by $3.55, closing at $116.72 per barrel, an increase of 3.14%.
CFTC: Equity fund speculators cut net short S&P 500 positions to 348,674 contracts.
CoinWorld news, the U.S. Commodity Futures Trading Commission (CFTC) reported that in the week of October 20, equity fund speculators reduced their net short positions in S&P 500 index futures on the Chicago Mercantile Exchange (CME) by 42,221 contracts to 348,674 contracts. Meanwhile, equity fund managers reduced their net long positions in S&P 500 index futures on the CME by 18,079 contracts to 894,464 contracts.