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Christmas "Shock", PEPE stages a 24-hour "Long Liquidation"!\n\nThe Christmas bells have yet to ring, but the market has already given PEPE's bulls a harsh lesson! Within 24 hours, over 100,000 people were liquidated, with losses exceeding $250 million across the network, and PEPE became the absolute protagonist, staging a textbook-style "Long Liquidation" tragedy.\n\nAccording to CoinGlass data, the total liquidation amount for PEPE contracts reached $5.44 million, with bulls contributing over 97% (about $5.33 million), while bears almost escaped unscathed (only $108,000). The price briefly fell below the psychological level of $0.000004, yet trading volume surged to $220 million. This scene resembles a one-sided "clearance" of leveraged bulls.\n\nWhy are there so few bears? Either smart money has already ambushed at low levels, or the market is pessimistic to the extreme, with bears too lazy to add positions. This extreme imbalance precisely sows the seeds for a potential "short squeeze" rebound—once sentiment reverses, there simply aren't many bears left to close their positions, and prices could be instantly driven up.\n\nFor the short term, the next key support looks at $0.0000038, holding it may provide some breathing room. However, in such volatility, high leverage is akin to playing with fire. Liquidity is already thin during the Christmas holiday, and any slight disturbance could be amplified.\n\n#PEPE #爆仓 #Meme币 #加密货币 #行情分析