Market should be green but relaxed U.S. has a holiday but China is pumping money – 17 Feb 2025 – Crypto Market Today

So, here’s the deal with the crypto market today. You know how weekends can be unpredictable? Well, Saturday was chill, Sunday was a bit rough, and now Monday looks like it’s trying to get ahead of the game. So far, everything’s lining up as expected.

One interesting thing—some asset management firms are making small buys. That usually means they’re gearing up to buy big later. Today looks green, but watch out for early morning tomorrow. There’s not much going on in terms of big economic events—just Japan’s GDP data and a few speeches from U.S. Fed officials, but nothing too aggressive.

Now, if we break it down by time:

• Morning till afternoon (8 AM – 3 PM UTC+6) → Market should be green but relaxed. The U.S. has a holiday, and China is pumping money into the system without withdrawing it. Japan’s GDP looks good on paper, but it’s mostly because inflation is up, not because the economy is actually growing. Keep an eye on inflation reports coming on Feb 20.
• Late afternoon (4 PM – 6 PM) → Might turn red because Chinese stocks are rising (which sometimes means money moves out of crypto).
• Evening (7 PM – midnight) → Pretty neutral, not much action expected.
• Late night to early morning (1 AM – 8 AM) → Likely green again.

Now, about Japan’s GDP—on the surface, it looks like the economy is doing well, but in reality, it’s just inflation pushing up the numbers. The Yen strengthened a little against the dollar, but that’s probably just temporary. It’s like when a country tries to make their currency look stronger for a bit, but the underlying issue is still there. We’ll see if this holds.

Also, there’s an interesting take from Kendrick at Standard Chartered. He thinks this weekend would be different and the market would be green. Technically, he’s not wrong—MACD (a market indicator) is flipping positive, and RSI is neutral. But since it’s Sunday, the real movement will likely happen on Monday. Markets love to mess with people before a real rally, so expect some manipulation before prices actually go up. The real move? Probably next week—so taking profits then might be a good idea.

Lastly, some global politics stuff—Russia and Ukraine might start new peace talks in Saudi Arabia on Tuesday. It’s weird because these things used to happen in Switzerland, but Switzerland kind of lost its credibility after it joined U.S. sanctions against Russia. Now, Saudi is stepping in as the new neutral ground. If Saudi is leading the talks, there might be some behind-the-scenes deals—like Russia agreeing to certain terms in exchange for Saudi dropping some alliances (maybe no more BRICS, no Petro Yuan, or something related to Iran).

So, bottom line:

• Monday looks green, but watch for early morning dips.
• Japan’s “good” economic data is mostly inflation.
• Market might try to shake people out before a real rally.
• Peace talks in Saudi might have deeper geopolitical shifts behind them.

Let’s see how this plays out!