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For the market trend of Pepe coin, we need to maintain a calm and rational attitude. Currently, it is not advisable to rush to buy the dip, but rather to patiently wait for a week to see if it can stabilize at the 1000 point level. If it cannot stabilize, the next support level may be at 800 points, and below that is a strong support at 500 points. If these support levels are all breached, it may be necessary to give up the idea of buying the dip and wait for a more suitable entry opportunity.
It is worth noting that the current trend of altcoins seems to diverge from that of Bitcoin. Personally, I would consider increasing my position again at the three price levels mentioned above, rather than blindly buying the dip. For investors without a base position, it is advisable to remain cautious and refrain from entering the market for the time being.
In the long run, the attention on Pepe coin may increase over time. We can refer to the case of Shiba Inu, which, although its daily trading volume is not as high as other meme coins in the Solana ecosystem, has not seen a significant drop in market value.
In the current economic environment where interest rates have not yet been lowered, we still have time to wait. If interest rates begin to decrease, the market reaction may be delayed; at that time, we can gradually exit based on the actual situation. However, I suggest keeping about 20% of the chips and not completely cashing out.
For investment strategies in large meme coins, it is essential to maintain flexibility and rationality. At the same time, I want to remind everyone not to develop excessive attachment to altcoins or meme coins, as this may lead to serious financial losses. Maintaining an objective and calm investment mindset is crucial.