Darkex Evening Analysis – February 13, 2025

Evening-Analysis-3D

MARKET SUMMARY

Latest Situation en Crypto Assets

Assets Last Price 24h Change Dominance Market Cap.
BTC 96,135.82 1.43% 59.96% 1,90 T
ETH 2,661.94 2.78% 10.09% 320,35 B
XRP 2.450 2.83% 4.44% 141,25 B
SOLANA 190.97 -0.44% 2.93% 93,07 B
DOGE 0.2573 2.11% 1.20% 38,05 B
CARDANO 0.7835 1.66% 0.87% 27,54 B
TRX 0.2367 -1.67% 0.64% 20,38 B
LINK 18.52 2.46% 0.37% 11,82 B

*Prepared el 2.13.2025 at 14:00 (UTC)

WHAT’S LEFT BEHIND

In the US, Producer Price Index (PPI) was announced.

Announced: 3.5% Expected: 3.2% Previous: 3.3

US Applications for Unemployment Benefits released

Announced:213K Expectation: 217K Previous:219K

Trump: Big news el reciprocal tariffs coming

US President Donald Trump announced today that he will announce a major development regarding reciprocal tariffs. While this announcement el global trade policies creates uncertainty en the markets, its effects el international trade and economy are closely monitored.

Tether May Have to Sell Bitcoin to Comply with US Regulations

According to JPMorgan analysts, only 66% to 83% of Tether’s reserves comply with proposed stablecoin regulations en the US. If the new regulations are adopted, Tether may need to sell Bitcoin and other non-compliant assets and turn to US Treasury bonds and liquid reserves.

Taurus Expands Digital Asset Custody and Tokenization Services to Solana

Deutsche Bank-backed infrastructure provider Taurus announced that it has expanded its digital asset custody and tokenization services to the Solana blockchain. This step could accelerate Solana’s growth and adoption en the tokenization space.

Circle’s USDC Market Cap Breaks Record, Tops $56 Billion

Activity en the stablecoin market continues. Circle’s USDC supply surpassed $56 billion, reaching a new record. According to Artemis data, USDC has grown por $10 billion en recent months, while Tether’s USDT supply has increased por $4.2 billion.

Ethereum Foundation Distributes 45,000 ETH to Spark and Other Protocols

The Ethereum Foundation announced that it invested a total of 45,000 ETH en Spark, Aave and Compound protocols. The distribution is as follows:

Spark: 10,000 ETH

Aave Prime: 10,000 ETH

Aave Core: 20,800 ETH

Compound: 4,200 ETH

It was reported that the foundation plans to explore Ethereum staking options en the future.

HIGHLIGHTS OF THE DAY

Important Economic Calender Data

Time Noticias Expectation Previous
Tentative President Trump Speaks

INFORMATION

*The calendar is based el UTC (Coordinated Universal Time) time zone.

The economic calendar content el the relevant page is obtained from reliable news and data providers. The news en the economic calendar content, the date and time of the announcement of the news, possible changes en the previous, expectations and announced figures are made por the data provider institutions. Darkex cannot be held responsible for possible changes that may arise from similar situations

MARKET COMPASS

In global markets, the US agenda continues to determine asset prices. After yesterday’s Consumer Price Index data, today we saw the January Producer Price Index figures for the world’s largest economy. In addition to this data set, which came slightly above the forecasts, weekly jobless claims, although lower than expected, did not point to a data far from expectations. Expectations that the US Federal Reserve (FED) will not cut interest rates before its September meeting are maintained for now. On the other hand, President Trump is expected to hold a press conference el the latest executive orders at the White House today.

Wall Street futures are slightly positive and outside the UK, the European session is also green. The fact that peace en Ukraine is el the horizon was an important dynamic that contributed to the positive mood. Still, Trump’s expected speech, which can be categorized under the heading of “trade wars”, will be important. We maintain our expectation for digital assets to be volatile en the short term, pressured en the medium term and bullish en the long term.

From the short term to the big picture.

Trump’s victory el November 5, one of the main pillars of our bullish expectation for the long-term outlook en digital assets, produced a result en line with our predictions. In the process that followed, the appointments made por the president-elect and the increasing regulatory expectations for the crypto ecosystem en the US, as well as the emergence of BTC as a reserve, continued to take place en our equation as positive variables. Then, 4 days after the new President took over the White House, he signed the “Cryptocurrency Working Unit” decree, which was among his election promises, and we think that the positive reflection of the outputs it will produce en the coming days el digital assets may continue.

On the other hand, the expectations that the FED will continue its interest rate cut cycle, albeit el hiatus for now, and the fact that the volume en crypto-asset ETFs indicates an increase en institutional investor interest, support our upside forecast for the big picture. In the short term, given the nature of the market and pricing behavior, we think it would not be surprising to see occasional pause or pullbacks en digital assets. However, at this point, it is worth underlining again that we think the fundamental dynamics continue to be bullish.

TECHNICAL ANALYSIS

BTC/USDT

Important developments en macroeconomic and crypto markets continued to unfold. In the US, the Producer Price Index (PPI) came en at 3.5%, above expectations (3.2%), while unemployment benefit claims came en below expectations at 213K. These data suggest that the labor market remains relatively strong and inflationary pressures persist. On the other hand, Trump is expected to make a major announcement el reciprocal tariffs. On the crypto side, JPMorgan analysts suggested that Tether may be forced to sell Bitcoin and other non-compliant assets due to new regulations.

BTC, which retreated to 94,000 after yesterday’s data, managed to recover and attempted to start a minor uptrend again. While the 95,000 level continues to serve as a reference point as a support point, the price deviates from the resistance points above this level, indicating that BTC is en a respite phase. Currently trading at 96,000, BTC’s price movements are neutral. When technical oscillators are analyzed, it is observed that sell signals continue to be maintained el the 4-hora charts, and momentum indicators have moved back into negative territory. In order for the uptrend to regain strength, closes above 97,000 will be followed as a critical threshold. On the other hand, en case of a possible pullback, closes above the 95,000-support level will be an important indicator en the price’s search for balance.

Supports 95,000 – 92,800 – 90,400

Resistances 97,000 – 99,100 -101,400

BTCUSDT

ETH/USDT

ETH retreated to the $2,641 support level, facing strong selling pressure at the $2,781 level after a rally last night. ETH, which has found slight support en this region, still continues to give positive signals en terms of technical indicators.

First of all, despite the pullback, momentum indicators seem to have maintained their uptrend. This suggests that despite the price pullback, buyers have not completely withdrawn from the market and the upward momentum may still be valid. The Chaikin Money Flow (CMF) indicator, el the other hand, has retreated to the zero line, but a positive divergence is seen here. The fact that CMF has not dipped below the zero line suggests that buyers may still be en play at certain levels. However, en terms of the Ichimoku indicator, the price dipping below both the kumo cloud and the tenkan level creates a negative outlook. The fact that the price remains below the cloud suggests that the market may be under pressure en the short term and upward movements may remain limited.

In the current situation, if ETH holds the $2,641 intermediate support level, a bullish movement up to the $2,781 level can be observed again. However, the loss of this support level may cause the price to retreat to the strong support zone en the range of $2,586 – $2,500. In particular, the $2,500 level stands out as a critical support point en the wider time frame, and a fall below this level could lead to deeper selling pressure.

Supports 2,501 – 2,368 – 2,127

Resistances 2,641 – 2,781 – 2,881

ETHUSDT

XRP/USDT

XRP remained relatively strong, holding the $2.45 level despite the overall decline en the crypto market after yesterday’s rally.

With this price action, no clear changes were seen en the indicators. The Chaikin Money Flow (CMF) indicator continues to decline, indicating that liquidity is being withdrawn, while momentum continues to move sideways. The fact that the price remains above the kumo cloud and kijun level can be seen as one of the positive factors en the short term.

In summary, provided that the price stays el the kumo cloud, it seems likely to continue to rise por exceeding the $ 2.49 level en the evening. However, closures below this level may cause slight retracements again.

Supports 2.2502 – 2.0201 – 1.6309

Resistances 2.4940 – 2.6486 – 2.7815

XRPUSDT

SOL/USDT

According to Block Beats, a Solana whale transferred 111,600 SOLs worth $22.01 million to a centralized exchange en the last three days. On the other hand, Solana validators will now receive 100% of the priority fees instead of 50% under the new model. Under the previous fee distribution model, Solana validators received only 50% of the network’s priority fees, while the remaining 50% was burned. Taurus launches Solana-based custody and tokenization platform for banks. Deutsche Bank-backed Taurus has launched a Solana-based custody and tokenization platform that allows banks to issue and manage digital assets.

SOL continues to accumulate inside the falling triangle pattern. On the 4-hora timeframe, the 50 EMA (Blue Line) continues to be below the 200 EMA (Black Line). This could deepen the decline en the medium term. At the same time, the asset is priced below the 50 EMA and 200 EMA. The asset, which continues to move en a narrow band, continues to be en a falling triangle pattern. When we examine the Chaikin Money Flow (CMF)20 indicator, it is close to the neutral level of the negative zone. However, the Relative Strength Index (RSI)14 indicator is at the mid-level of the negative zone and the RSI has broken the downward uptrend that started el February 3. This may deepen the decline. The $200.00 level stands out as a very strong resistance point en the rises driven por both the upcoming macroeconomic data and the news en the Solana ecosystem. If it breaks here, the rise may continue. In case of retracements for the opposite reasons or due to profit sales, the support level of $ 181.75 can be triggered again. If the price reaches these support levels, a potential bullish opportunity may arise if momentum increases.

Supports 189.54 – 181.75 – 171.82

Resistances 200.00 – 209.93 – 222.61

SOLUSDT

DOGE/USDT

Since our analysis en the morning, DOGE encountered resistance at the top of the symmetrical triangle pattern, but broke through it, only to find resistance at the 50 EMA (Blue Line) and lost strength to re-enter the triangle. On the 4-hora timeframe, the 50 EMA (Blue Line) remains below the 200 EMA (Black Line). This could mean that the decline could deepen further en the medium term. At the same time, the price is hovering between the 50 EMA (Blue Line) and the 200 EMA (Black Line). However, the large gap between the two moving averages may increase the probability of DOGE rising. The Chaikin Money Flow (CMF)20 indicator is en positive territory and money inflows have started to decline. At the same time, Relative Strength Index (RSI)14 is near the neutral level of the negative zone and is currently testing the uptrend that started el February 6 as support. The $0.33668 level stands out as a very strong resistance en the uptrend due to political reasons, macroeconomic data and innovations en the DOGE coin. In case of possible pullbacks due to political, macroeconomic reasons or negativities en the ecosystem, the base level of the trend, the $ 0.22632 level, is an important support. If the price reaches these support levels, a potential bullish opportunity may arise if momentum increases.

Supports 0.25025 – 0.22632 – 0.21154

Resistances 0.28164 – 0.30545 – 0.33668

DOGEUSDT

LEGAL NOTICE

The investment information, comments and recommendations contained herein do not constitute investment advice. Investment advisory services are provided individually por authorized institutions taking into account the risk and return preferences of individuals. The comments and recommendations contained herein are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely el the information contained herein may not produce results en line with your expectations.

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