At the beginning of the year, during the rebound of the Meme sector, PEPE followed suit and surged briefly, but this wave of increase didn't last long and quickly retreated, remaining in a negative return state. However, recently many analysts have noticed an interesting phenomenon — PEPE's medium- to long-term structure is beginning to change.

Certain technical signals on the chart have started to flicker, which may indicate that the downtrend has bottomed out, and a significant trend could be on the horizon.

What has the weekly MACD shown?

Crypto analyst CryptoLinx shared his views on social media this week. He pointed out a noteworthy change at the weekly level for PEPE — the MACD indicator has crossed bullishly. From the chart, it can be seen that the fast and slow lines of the weekly MACD have completed an upward crossover, and the histogram momentum has shifted from red to green. More importantly, this signal appeared after a relatively long downtrend, and the price has also begun to stabilize and stop falling.

This kind of combination usually indicates that the market is transitioning from the phase of "continuous decline — accumulation and bottoming — gathering strength" to a new upward cycle. Morphologically, this is what we often refer to as an arc bottom pattern.

CryptoLinx also emphasized one point — many traders actually underestimate the power of the weekly MACD in finding the true bottom. In past cycles, such signals have often been early warning signs before a trend-level rally truly begins, rather than just short-term rebounds.

Will history repeat itself?

Looking back at previous movements, similar weekly momentum turning points have once driven PEPE to achieve considerable gains. If we project based on historical patterns this time, the potential upside may still be underestimated by the market.