YFI has yet to regain its ATH against ETH. YFI is the powerhouse of the defi ecosystem, yet has underperformed compared to AAVE or UNI. As both ETH and YFI enter a bull-run caused by defi, YFI will outperform ETH which itself will enter parabolic new highs. Expect long term value-creation.
Recent gains will be built on further as accumulation line diverges from short term price suggesting the start of a longer cycle with higher local tops
Strong support at bottom of range and parabolic breakout potential at top. Based on emergent view of BTC as moving into new phase of trajectory based price discovery indicating Short term BUY at 7730, SELL at 9700. Model invalidated by fall beyond 6620 or failure to make 10000 by November.
