Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?
I think fundamental analysis affects both forex traders and crypto traders but I forex traders takes it more seriously than the crypto traders because the price of the forex usually gets affected by real world economics and big institutions do not trade by charts but rather by macroeconomic analysis. Wherein, crypto trader's fundamental analysis is more like development activity, token supply, etc. but just like what I've said sometimes fundamental analysis from economics do affect crypto such as regulations to crypto and Bitcoin, banning it or total elimination can result to crash of price but again it depends.