PoE 2 Market Brief: Feb 2025 - Calm Waters?

POE2 Market Brief: Calm Waters Hide Undercurrents in Path of Exile 2 (1st week of Feb 2025)

Market Overview: As we enter the first week of February 2025, the Path of Exile 2 market has presented a veneer of stability, particularly with regard to Exalted Orbs, but underlying trends suggest a dynamic shift in player behaviour and market conditions. Here's an in-depth look at the current state of the economy in PoE2:

Price Stability: After a period of fluctuation, Exalted Orbs have found a new equilibrium around the 280 Divine Orb mark. This stabilisation can be attributed to

Oversold conditions: After peaking, the market may have corrected itself from oversold conditions.

Trading shifts: There's been a noticeable trend of players trading Exalted Orbs for Chaos Orbs, leading to a relative devaluation of Chaos against Divine Orbs.

Market Sentiment: The lack of complaints about Exalted prices on forums and social platforms indicates that this stabilisation is being well received, providing a predictable currency environment.

Lunar New Year: This time of year, when many players celebrate holidays such as the Lunar New Year, may have affected market liquidity. With less time to play due to travel and family gatherings, there could be a temporary dip in the supply of farmed currency. However, the impact appears to be minimal, with no dramatic market shifts observed, suggesting that perhaps not all player bases (such as Korean players) are following this trend.

Devaluation: Chaos orbs have seen a more significant drop in value compared to Divine orbs, possibly due to players using them as a more accessible trade currency for everyday transactions rather than high-end trades.

Price increase: A significant increase in the price of Mirrors indicates that we're in a late-game scenario where securing wealth is paramount. Mirrors are not only status symbols, but also investment vehicles, as early ownership can lead to significant wealth multiplication through crafting or trading.

Price drop: The drop in the value of Omen of Whittling may reflect a decrease in demand for high-risk, high-reward crafting as players either lack the currency or focus on buying finished items rather than crafting. This could be a sign of league fatigue or preparation for the end of the league.

Unexpected increase: Without clear reasons such as nerfs, buffs, or updates, the increase in the price of Distilled Isolation is puzzling. It could be due to niche strategies, speculation, or unknown mechanics that people have started to use more effectively.

Currency basket (red line): Indicates that currencies, especially those such as the Mirror of Kalandra, are becoming more expensive relative to Divine Orbs, suggesting a market where players are more invested in maintaining or increasing their wealth through currency rather than items.

Unique Item Basket (blue line): Shows that high-end unique items such as Temporalis are not driving market trends as much, possibly because their utility or desirability hasn't changed significantly with the latest patch or player strategies.

Investment Caution: While Temporalis have shown significant returns in this league, their future value may fluctuate with changes in the game. Investing in items based on current trends may not pay off in subsequent leagues without understanding potential game changes.

End of season strategy: With rumours of a league extension and the possibility of a new league being announced, players are likely to shift from active play to wealth consolidation, focusing on assets such as mirrors that hold value across leagues or through off-season events.

League expansion and new content: GGG's hints at extending the current league and introducing new content suggest that players should prepare for changes in the economy. This could mean a period of speculation, saving or even early investment in items or currencies that are expected to rise with new mechanics or balance changes.

Summer League speculation: The timing suggests that we may see a new league around May or June to coincide with the summer, which could reset or significantly alter the current market dynamics.

While the surface of the PoE2 market appears calm, the undercurrents show that players are adapting to late league conditions, shifting their focus from crafting to trading, and preparing for potential upcoming changes. As always, staying informed through community channels, monitoring market trends, and adjusting strategies accordingly will be key to navigating this complex economic landscape. If you're looking for more in-depth analysis or strategies, consider using the community resources and related content to gain a deeper insight into trading and investing in Path of Exile 2.