In the past 24 hours, trading volume for $PEPE surged dramatically, making market volatility a hot topic again. With a sharp increase in trading volume, the PEPE price rapidly rose and then fell, triggering a wave of liquidations in the derivatives market. According to the latest monitoring, highly leveraged long and short positions were frequently liquidated during the intense market swings, resulting in numerous liquidation orders being triggered, while also providing real profit opportunities for some short-term traders who entered and exited flexibly.
The main reasons behind this volatility are twofold: first, market sentiment toward meme coins has reignited, causing short-term funds to frequently enter and exit, leading to significant price fluctuations; second, the risk from highly leveraged contracts accumulated continuously during the volatility, driving up the number of liquidations. Especially after the PEPE price broke through a key technical level, leveraged funds were forced to close positions while chasing the rally, exacerbating market turbulence.
Although $PEPE is a high-volatility asset, this market movement once again demonstrates that short-term volatility can present opportunities with both high risk and high reward. Some traders achieved small profits in a short time through precise entry and stop-loss strategies, highlighting the importance of flexible trading approaches and strict risk management during periods of intense market swings.
Overall, PEPE's popularity reflects the influence of community sentiment on short-term capital flows in the market, but high volatility also comes with high risk. Investors participating in trading these assets must carefully manage their position sizes and stop-loss levels to avoid losing their principal to market fluctuations.