Bitcoin has rebounded by 5%, contrasting with the performance of Pepe (PEPE), which fell 2% over the past 24 hours and is down nearly 21% from its December peak. The open interest for PEPE has decreased to $114.5 million from $121.5 million recorded on December 20. Technical indicators suggest bearish momentum for PEPE, with its Relative Strength Index (RSI) at 40 and the Accumulation/Distribution (A/D) indicator showing a decline. Key resistance levels for PEPE are identified at $0.0000420, $0.0000452, and $0.0000476, indicating potential challenges for recovery.