Date: Fri, June 27, 2025 | 07:24 AM GMT

he cryptocurrency market is showing strong signs of recovery as tensions between Israel and Iran ease. Ethereum (ETH) has rebounded sharply, jumping from its recent low of $2,113 to climb above the $2,450 level.

Among memecoins, Pepe (PEPE) is currently trading in the red. But beneath the surface, a familiar bullish fractal pattern is quietly forming — and if history is any guide, a powerful reversal might be on the horizon.

Source: Coinmarketcap

Familiar Fractal Signals Major Rally Brewing

A comparative chart shared by analyst Max reveals an intriguing pattern: PEPE may be repeating its previous bottoming structure, which led to an explosive rally earlier this year.

PEPE-BTC Fractal Chart/Credits: @MaxBecauseBTC (X)

Now fast forward to the current moment (right side of the chart). Bitcoin is once again consolidating near new highs, and PEPE/BTC is still in a downtrend — just like before. Meanwhile, $PEPE itself is hovering around its previous accumulation zone.

This mirror-like price behavior suggests that PEPE may once again be setting the stage for a delayed yet strong breakout — just as it did a few months ago.

What’s Next for PEPE?

If the fractal plays out as it did previously, PEPE could soon break its current downtrend and enter a new bullish cycle, potentially targeting its former all-time highs $0.0000028 range.

The key level to watch is Bitcoin. If BTC can maintain momentum and push toward new highs above $112K, it could act as a trigger for memecoins like PEPE to follow suit with explosive upside moves.

However, caution is still warranted. If BTC loses its current momentum or fails to hold support near $98K, the bullish scenario could be delayed or invalidated.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.