#pepe与wlf

PEPE and WIF: Should I continue to hold or transfer my position in the current market?

Recently, the strong rise of PEPE and WIF, two meme coins, has attracted widespread attention in the market. Faced with such a market, many investors are thinking about a question: Should I continue to hold or transfer my position? Here, I give a clear suggestion: In the current market environment, it is wise to firmly hold PEPE and WIF. Since the beginning of the year, PEPE has risen by as much as 1166%, while WIF has risen by an astonishing 2200%. Such performance has undoubtedly made PEPE a shining star in the field of meme cryptocurrencies. In the past 30 days, the price of PEPE has risen by about 120%, setting a record high. This series of data fully demonstrates the strong momentum of meme coins in the current bull market. Although the price and trading volume of meme coins continue to rise, the financing rate of cryptocurrency exchanges remains negative. This means that the cost of holding a perpetual swap or futures contract position is still negative relative to the spot price of the asset, which may indicate that there is a certain risk of a correction in the market. From a technical analysis perspective, if the bulls cannot effectively break through the Fibonacci resistance level of 1.1618, the price may experience a pullback. During the pullback, the price may hit the $0.00001300 or even lower $0.00001000 support level. Therefore, investors should pay close attention to these key price levels during the position holding process.

Against the backdrop of the current bullish market sentiment, I recommend that investors adopt the following strategies: First, if you already hold PEPE or WIF contracts, please manage your positions appropriately to reduce potential risks.

If your current position is light or has not yet been established, now is a good opportunity to enter the market. Of course, please be sure to control the risk when entering the market and set the stop loss point reasonably.