According to CryptoMichNL, traders should prioritize monitoring China's economic indicators, particularly the Renminbi (CNY), over the U.S. dollar when analyzing altcoin price movements. In his discussion with Hugh Hendry, CryptoMichNL highlights that shifts in the Chinese currency can signal crucial changes in global liquidity and risk appetite, which directly impact altcoin volatility and trading strategies. This perspective suggests that keeping a close watch on CNY trends may provide early signals for significant altcoin market moves. Source: CryptoMichNL via Twitter, June 20, 2025.