PEPE coin is consolidating around $0.0000049, with rising buy-side volume indicating a potential bullish phase. Analysts highlight that the Spot Taker CVD has turned buy-dominant over the past 90 days, suggesting strong buyer conviction. This accumulation phase could lead to a breakout towards $0.000008, contingent on a recovery in trading volume. Despite a recent retracement, PEPE's market structure remains intact, with higher lows indicating strength. Analysts note that a revival in trading activity is crucial for PEPE to reach the $0.000008 liquidity zone. However, a shift in capital towards safer assets like gold and silver has reduced liquidity for speculative tokens, impacting PEPE's momentum. The broader altcoin market trends could also influence PEPE's performance. Historical cycles suggest that altcoin rallies, or "altseasons," could benefit PEPE if capital rotates back into higher-risk tokens. Currently, the Altcoin Season Index is low, but a shift could see PEPE outperform in percentage terms.