Foreign media: According to one analyst, the Yamaya currency may be approaching a relatively strong phase, not only because of price reversals, but also because of the dichotomy between its operational rhythm and bitcoin and the superheating signals of the macro environment.
It's higher than bitcoin.
He noted that bitcoin had accumulated an increase of about 300 per cent since its low point in bear market in 2022, and then fell about 50 per cent from its recent high point. However, most of the Yamashita coins did not replicate this round, and overall performance was clearly weak.
The article mentions that many of the projects, such as Internet Computer, Render, Uniswap, Worldcoin, Grass, Solana, XRP, Cardano and Avalanche, have peaked in 2024 or early 2025, earlier than bitcoin had reached its peak. Since then, most of these assets have been at lower heights, while bitcoin continued to move up.
ISM back above 50
According to the analyst, observation of the mountain currency could not be limited to bitcoin, but should also focus on broader economic data, particularly the United States ISM manufacturing index. Manufacturing expansion usually means a rebound in business activity, improved consumption and increased market risk preferences.
In his view, the encrypted cattle market in 2017 and 2021 was largely synchronized with the improvement of the ISM index. By contrast, between 2022 and 2025, bitcoin had once deviated from the relationship due to the introduction of temperature rises in spot ETFs and institutions, but most of it still moved closer to the macro-environment.
In his view, with the return of the ISM index to the top of 50, the cumulative slowdown in inflation, the fall in oil prices, the productivity improvements resulting from AI, and the expected rise in future interest rates in the market, the environment is improving.
Bitcoin's getting closer.
Although he was more optimistic about the Yamamoto currency, he also believed that bitcoin might be nearing the lower end of the round. He mentioned that when bitcoin RSI showed a shift in view, that is, when prices were lower, the kinetic energy indicators were stronger.
At the same time, the chain data show that short-term holders are suffering large losses, which in the past often occurred near the critical bottom of the market. Another indicator that tracks the number of days that currency holders continue to earn is also close to the level of low-point regions in previous cycles.
Focusing on Income Agreements
In the specific direction, he focused more on projects with real income, active users and a health fund reserve than simply pursuing heat. The article cites, for example, Aerodrome of Base Ecology and Jupiter of Solana Ecology as decentrized trading platforms that generate real agreement revenue.
He also mentioned that more stable, ecologically expanding projects could be screened through platforms such as Token Terminal and DefiLlama. In addition to the large market-market assets such as Taifung, Solana, XRP, Cardano and Stellar, some of the more robust medium-market-market items may be more likely to be achieved if the next round of mackerel cycles starts.