The analysis projects a bullish trend for Pepe (PEPEUSDT) in 2026, following a period of consolidation expected in December. The current price of PEPE is 0.000004591, with a potential target of 0.0000075000. An invalidation of this bullish thesis would occur if the price drops below 0.0000035000. This prediction is underpinned by three macro-economic factors. Firstly, the Federal Reserve has concluded Quantitative Tightening (QT) effective December 1st, signifying a potential increase in market liquidity. Secondly, upcoming changes at the Fed, including a potential new chair and demands for lower interest rates, could further fuel market rallies. Historically, interest rate cuts lead to cheaper money, weaker dollar, increased risk appetite, and capital inflow into crypto, boosting asset repricing. Finally, broader market indicators support an altcoin rally. USDT Dominance, currently at 5.899% after an upward push, is anticipated to fall to approximately 3.856%, indicating a rotation of capital into cryptocurrencies. Similarly, Bitcoin Dominance, currently at 51.99%, is expected to fall to around 39.00%, a historical precursor to altcoin seasons. The Total Crypto Market Cap (TOTAL), currently 2.99T, is projected to reach 5.62T, with an invalidation below 1.8T. The Total Altcoin Market Cap (TOTAL2), currently at 1.28T and holding support, is expected to surge to 2.46T, invalidated below 0.9T. These factors combined suggest a highly bullish outlook for altcoins, including Pepe, into 2026.