2026-01-03 08:24:21

Meme coin PEPE has been really exploding lately. From the current price of $0.000005667, it has surged 35% in just 24 hours. The logic behind this rally is not hard to understand—several mysterious tweets from the official account directly ignited market sentiment, retail investors followed suit and bought in, mainstream platforms also jumped on the bandwagon, and the hype kept climbing.

How crazy is the market? In a short period, $9 million worth of short positions were liquidated, a scale of liquidation that clearly shows the influx of funds.

But the problem is right in front of us— the RSI indicator has entered the overbought zone, which usually means the upward space is severely compressed. More importantly, as a pure Meme coin, PEPE has never lacked real use cases or fundamental support; it relies solely on community enthusiasm and sentiment. Under these circumstances, the risk of a sharp pullback after a rise cannot be ignored.

So the question boils down to: Should you FOMO in now? Or wait to see if there are any technical signals of a correction? The choice is in your hands.

PEPE14.16%

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OvertimeSquid

· 31m ago

9 million shorts liquidated, tsk tsk, this is the price of FOMO --- RSI is overbought and still pushing? I don't dare to gamble, feels like a sudden plunge is imminent --- That's how meme coins are, no fundamentals, all driven by emotions, sooner or later you'll get chopped --- When the official tweet drops, the market explodes, retail investors are really too easy to ignite --- My advice? Wait for a technical confirmation of a correction signal before acting. Entering now is just gambler mentality --- 35 points is indeed aggressive, but this kind of rise looks dangerous

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PretendingSerious

· 16h ago

35 points just get you this excited, RSI is already overbought, and you're still daring to push? I really can't believe it. --- 9 million liquidation, sounds exciting, but what about the fundamentals? It's just a meme. --- A single official tweet can pump the price, isn't this just an emotional game? It will eventually fall back. --- Entering now is purely playing with fire. Let's wait for a correction signal before acting. --- Already in the overbought zone, are these people really not afraid? --- PEPE relies on hype to survive, there's no talk of long-term fundamentals, the risk is extremely high. --- Why is there still FOMO? Haven't the lessons from history been enough? --- What happens after the 9 million short positions are cleared? Without new funds entering, it's over. --- This rally looks fierce, but RSI is already warning. The signals are very clear. --- Emotion-driven coins are like this—when they go high, they come back down. No exceptions.

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just_another_wallet

· 01-03 08:53

35 points are indeed impressive, but if RSI is already overbought and it still pushes up? Isn't this just giving the main players free money? --- A 9 million short position liquidated sounds satisfying, but then you should think about who is taking the other side. --- PEPE is purely an emotional coin. Without fundamentals, don't blame it for playing with heartbeats. --- Official tweets ignite the market, retail investors follow suit, platforms jump in—this routine I could perform with my eyes closed. --- Thinking of entering now? I advise you to wait until technical signals indicate a reversal. --- Still daring to FOMO in the overbought zone? You're basically inviting trouble. --- Coins without application scenarios are just hype—sooner or later, they'll cool off. This time, it might be just a flash in the pan. --- Capital inflow is a fact, but how long can this heat last? Big question mark. --- PEPE always does this—rises quickly, falls just as fast. You need a strong heart. --- A 9 million liquidation sounds great, but the risk is right there.

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PumpStrategist

· 01-03 08:50

9 million short positions liquidated, sounds exciting, but with RSI already over 80 and still pushing in? That's a classic case of rookie mentality.

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SneakyFlashloan

· 01-03 08:43

RSI is overbought. Still want to chase? Bro, you're gambling. Wait for a pullback before acting; jumping in now just makes you the bag holder. Seeing 9 million liquidation data looks satisfying, but are you trying to become the next one to be wiped out? Everyone knows PEPE has no fundamentals; it's purely driven by sentiment, and it will fall sooner or later. I'm waiting for technical confirmation before taking action; no rush in the next day or two. Retail investors are all FOMOing, but this is actually the time to be cautious. Such high popularity is a warning sign; can't you feel it? It's just hype from tweets; this routine has been seen many times. I'm done with it, better to miss out than get caught in a trap.

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GasFeeCryBaby

· 01-03 08:40

RSI is already exploding, yet still chasing. This is not FOMO, it's suicidal. --- Hearing about 9 million liquidation feels satisfying. The next one will be our principal. --- Tweets ignite the market? Laughable. This is a classic pump-and-dump scheme. --- Everyone knows Meme coins lack fundamentals. The problem is that the desire for quick profits outweighs rationality. --- Waiting for a correction signal? Probably won't get one. The dump has already started. --- 35 points look tempting, but rebounds in overbought zones are always like this. Next will be a plunge. --- Retail investors follow the trend and buy in, jumping on the platform... I've seen this script too many times. --- Technical indicators are warning of overbought conditions. Those rushing in are all gamblers. --- Official mysterious tweets? Uh, I believe it's more likely a smoke screen before the main players dump. --- Let's observe without entering the market. Anyway, this kind of行情 happens every week.

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GasWaster69

· 01-03 08:30

9 million short positions liquidated is really outrageous, but the RSI is overbought and it's still pushing? This wave might be burying people.

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