在连续三天未能突破 0.00165 美元之后，Pump.fun [PUMP] 多头反弹并将代币价格推至 0.00169 美元的月度高点，然后小幅回调。
At press time, Pump.fun traded at $0.00165 after rising by 9% on the daily charts. This price hike was supported by a 61% increase in trading volume, reflecting strong market participation.
Pump.fun 需求预示着复苏
在PUMP跌至 0.0015 美元后，交易者强势回归，捍卫了这一关键支撑位。
Coinalyze 数据显示，7 月 5 日 PUMP 的买入量为 32.2 亿美元，而卖出量为 27 亿美元。 The trend has continued, with buy volume rising to $1.14 billion compared to $1.02 billion in sell volume at the time of writing.
来源：Coinalyze
Over this period, the altcoin saw a positive buy-sell delta of 616 million.正值表明买家目前对现货市场享有重大控制权。 On the derivatives market, PUMP’s Open Interest (OI) surged 12% to $144 million.
与此同时，山寨币的衍生品交易量攀升 40% 至 1.49 亿美元。持仓量和交易量同时上升表明交易者开立新仓位（无论是空头还是多头）的参与度都在增加。
来源：币玻璃
事实上，币安和 OKX 上的交易者大多开设多头头寸，因为多空比率仍高于 1。
Thus, speculative activity also returned to the market.从历史上看，现货和衍生品的持续需求总是先于更强劲的上涨动力。
Can the upside momentum hold?
PUMP has recently shown relative strength, largely driven by a recovery in demand-side activity. As a result, the altcoin’s upside momentum has strengthened significantly.
For starters, the altcoin’s Aroon Up indicator surged to 100%, while Aroon Down fell to 21%.随着 Aroon Up 处于如此高的水平，该信号表明强劲的上涨势头。
来源：TradingView
At the same time, the ADX-DI indicator also confirms this strength as the positive index formed a bullish crossover and rose to 16.
Taken together, these indicators point to strong market momentum and a high likelihood that the trend will continue. Therefore, if demand experienced across the market holds, we could see PUMP make some gains on its price charts.
In doing so, the altcoin will hold $0.0016 and target $0.0018 resistance.然而，如果山寨币未能收于 0.0016 美元上方，则可能会再次回调至 0.0013 美元。
<小时>最终摘要
- Pump.fun 飙升 9% 至 0.00169 美元的月度高点，然后在截至发稿时回落至 0.00165 美元。
- PUMP signaled a recovery in demand across spot and derivatives markets, as bulls target the $0.0018 resistance.