#数字资产动态追踪 Why are altcoins rotating, with PEPE leading the charge? A chart explains this wave of operational logic

Recently, it's been interesting—PEPE is skyrocketing, while Bitcoin remains stagnant. What's going on?

The fundamental reason boils down to two words: lack of money. The big drop in October directly wiped out a lot of market liquidity, and large-cap players have basically run out of bullets. Want to push Bitcoin? The market cap is too large, requiring an unrealistic amount of funds. So the smart money's choice is—shift to altcoins.

The interesting part of this wave is that the previous decline completely destroyed the bullish structure of many altcoins. Looking closely, Bitcoin has already fallen below the previous injection point, but altcoins haven't broken down. Why? There's no one below—no chips accumulated. The bears trying to dump can't find sellers, and the market structure itself is telling one thing—only upward movement.

Why specifically $PEPE? Several key factors stack up:

First, from a historical high, PEPE has already fallen quite hard; early holders are likely out, and the current cost basis is very light. Second, among similar coins, PEPE's market cap is relatively low, making it easier to push prices with the same amount of funds. Third, this is a coin with built-in topic attributes, easily attracting new capital.

Among the main tokens in the zoo concept, $PEPE has the lowest entry cost and the greatest room—making it a perfect target for capital. There are many similar examples in history; some hot coins last year rose this way, attracting a large number of retail investors.

Looking ahead three months, the probability of collective rotation among altcoins is quite high. Some mainstream altcoins may even hit new highs. The key is to understand your risk tolerance and fund size, and not be led by FOMO.