That’s not all bad. With the highs of the CSI300 and FTSE100 since the beginning of the year, the global economy shows strength.
AltCoin Analysis: Doge and Hype
The market is in the early stages of a booming turnaround – that’s my opinion.
My feelings about Crypto were hit with a bet. After Memecoin-Mania, which swept the world, it’s no surprise that their favorite memes are upset that they look unvigorated on the charts.
No judgment, I went to some zeros.
But we’ve been hanging our heads low, but there’s a wider trend in the economy.
Global Stock Index Meeting
Unlike the Crypto and S&P500, the Shanghai (CSI300) and London (FTSE100) indexes continue to focus on new annual highs. This happens despite the conflict and concerns over Trump’s aggressive trade tariff war.
These are positive signs.
The world’s eyes and ears are stuck to US policies and conditions. This is fair. They are the world’s major economy by GDP. However, the general global conditions have improved. China’s high-tech sector shows strength, especially after Deepseek made global headlines. The UK has seen M2 money supply growth for the fourth consecutive month, indicating improved liquidity conditions.
Mixed US Policy Message
Fed Chairman Jerome Powell said earlier this week that current monetary policy conditions do not require easing conditions as the economy is strong and the 2% inflation target is important.
But he has twice referred to this week that unexpected moves in the labour market, or a major cooling of inflation, could change the committee’s mind. Below are some important dates to look at:
13/02/25 – PPI Inflation – 11:30pm EST 28/02/25 – PCE Inflation – 11:30pm EST
US Dollar Integration
The decline in US currency has also been observed. The US Dollar Index was spent in the last part of the progress that began in October 2024. 50-day consolidation at 2022 highs.
The current seasonal downtrends will blow even more positive tailwinds to boost global economy and crypto performance.
Related: Bitwise Report: Institutional trust in crypto as a retail sentiment plummet reaches its peak
Bitcoin – BTC
The annual volume weighted average price (or VWAP) indicates that it currently accepts one standard bias or price, which is below the average annual average of $99,000. Investor tension is of course high. The first quarter of the year after Harning marked the highest historical return, and the clock is ticking.
Stable | The market structure suggests that the market is chasing Bitcoin, but we were interested in these relative lows.
Low Room | Looking at some volatility, there are levels below the price that can attract buyers in the second and third deviation bands.
Related: Engineer Eye Reclamation Purchase to Collect $1.2 billion Bitcoin Tray
Dogecoin – Doge
As Elon’s US Government Efficiency (DOGE) appears almost every day in headlines around the world, collective mindshare has never known the Doge brand before. Does that mean people will buy memo coins? Maybe no one knows, but it gets a lot of free ads.
More desirable | Looking at the structure of the chart technically, there were no highs in the daily time frame.
Positive early signs | We seem to be regaining the bottom of our recent horizontal range.
High lipids – Hype
This is on my watchlist and has consistently appeared as a market top performer over the past two weeks while the market has become a holding pattern. Its relative strength is something I would like to pay attention to.
Signs of Strength | Early February, we see that bullish market structures will be damaged with the high formation of a new range.
Wait a second | Another break here will place the hype firmly in place to start the uptrend in my analysis.
Keep it up to date.
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