On February 6, 2025, The Kobeissi Letter reported that their premium members successfully shorted natural gas (NATGAS) twice over the last two weeks, achieving a profit of +15% (KobeissiLetter, 2025). The exact dates of these short positions were January 23, 2025, and January 30, 2025, with the prices at the time of shorting being $2.50 and $2.35 per MMBtu, respectively (TradingView, 2025). The subsequent prices at which the positions were closed were $2.10 and $2.00 per MMBtu on January 27, 2025, and February 3, 2025, respectively (TradingView, 2025). This indicates a clear downward trend in NATGAS prices over this period, aligning with the technical analysis that natural gas remains a highly technical commodity (KobeissiLetter, 2025).

The trading implications of these short positions are significant for cryptocurrency markets, particularly for tokens linked to energy markets. For instance, the Energy Web Token (EWT) saw a 3% drop in its value from $0.50 to $0.485 between January 23 and February 3, 2025, directly correlating with the NATGAS price movements (CoinMarketCap, 2025). This correlation suggests that traders might use NATGAS trends as a leading indicator for energy-related cryptocurrencies. Additionally, the trading volume for EWT increased by 15% during this period, from an average of 1.2 million tokens per day to 1.38 million tokens per day, indicating heightened interest and potential for further price movements (CoinMarketCap, 2025). The Relative Strength Index (RSI) for EWT stood at 35 on January 23, indicating an oversold condition, which then moved to 45 by February 3, suggesting a potential recovery (TradingView, 2025).

Technical indicators for NATGAS over the past two weeks showed a consistent bearish trend. The Moving Average Convergence Divergence (MACD) for NATGAS was negative from January 23 to February 3, with the MACD line crossing below the signal line on January 25, indicating a sell signal (TradingView, 2025). The trading volume for NATGAS futures on the CME increased by 20% during this period, from an average of 200,000 contracts per day to 240,000 contracts per day, reflecting increased market activity (CME Group, 2025). The Bollinger Bands for NATGAS widened significantly, with the upper band at $2.60 and the lower band at $1.95 on January 23, and by February 3, the upper band had narrowed to $2.40 while the lower band remained at $1.95, indicating increased volatility (TradingView, 2025). For EWT, the 50-day moving average crossed below the 200-day moving average on January 28, signaling a 'death cross' and further supporting the bearish sentiment (TradingView, 2025).

In the context of AI developments, the impact on cryptocurrency markets, particularly AI-related tokens, remains significant. On February 4, 2025, a major AI company announced a breakthrough in energy efficiency for AI data centers, which could potentially reduce energy costs (TechCrunch, 2025). This news led to a 2% increase in the value of SingularityNET (AGIX) from $0.80 to $0.816 on February 5, 2025, as investors anticipated lower operational costs for AI-driven projects (CoinMarketCap, 2025). The trading volume for AGIX surged by 25% from an average of 5 million tokens per day to 6.25 million tokens per day, indicating strong market interest in AI-related cryptocurrencies (CoinMarketCap, 2025). The correlation between AGIX and Bitcoin (BTC) during this period was 0.75, suggesting a moderate positive relationship and potential for trading strategies that leverage this correlation (CryptoQuant, 2025). Furthermore, the sentiment analysis of social media platforms showed a 10% increase in positive mentions of AI and cryptocurrency, suggesting a growing interest in the AI-crypto crossover (SentimentAlpha, 2025).