$PEPE #Atl #GlobalContext Attention ⚠️
Do not analyze the performance of an asset alone but rather its movement in the general context orchestrated by
$BTC (whose dominance in the crypto market is enormous) and the macro-economy!
This is what is called fundamental analysis.
You surely remember: the strong sell-off in July-August 2024, mainly due to massive liquidations related to the unexpected rise in interest rates in Japan and the fear of an American recession, supported by weak economic data, in short, the combination of the carry trade flight, macroeconomic fears, and a significant crypto hack led to the fall of risky assets.
Do you remember how low
$PEPE dropped at that time? And subsequently in March 2025?
This gives us a clue about a probable support.
If you are more of a technical analysis enthusiast, do you know which tool is useful to find its next ATL?
Can you deduce information from the current market depth (
#dom ) following Pepe and appreciate the difference with BTC's DOM?