NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Analysts Aren’t Convinced of Yearn.finance’s (YFI) Ongoing Bounce

Nick Chong
Nick Chong
1 year ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Yearn.finance’s YFI has been one of the most volatile crypto assets of recent days. According to data from TradingView, the coin has traded in an $8,000 range over the past four days.

After declining from the $19,000 local highs, the cryptocurrency recently underwent a 15% bounce at $15,000 that brought it just shy of $18,000.

While $15,000 is a pivotal level for YFI on a macro scale, not everyone is certain that this ongoing relief rally will persist.

Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch

Not Everyone Is Convinced of YFI’s Recent Price Action

While Yearn.finance has bounced decisively off two technical levels: $12,000 and $15,000, not all analysts are convinced by the ongoing uptrend.

Crypto-asset trader Sean Nance recently noted that he opened a YFI short because data indicates that “buyers are not present in this move up.”

He shared the chart below to convey this belief: it shows that while YFI is pushing higher, the CVD ratio has pressed lower, forming a bearish divergence. The chart also shows that the coin’s aggregated open interest metric is also moving lower, also suggesting there was no futures bid during this latest push higher.

Image

Chart of YFI's price action over the past week with analysis by crypto trader Sean Nance (@TheSeannance on Twitter). Chart from TradingView.com
Related Reading: MicroStrategy’s Stock Continues to Soar After BTC Purchase

Nance later doubled down on this sentiment. He told his followers that YFI’s five-minute candle chart still suggests it will move towards the $14,000s, then potentially even lower:

“Many of you may have recognized the potential running flat here. That’s typically a bullish pattern and a pattern I love to play. I continue to analyze CVD habits during running flats and I took this short as part of that. If I’m correct it would follow black.”

The weakness in Yearn.finance’s native cryptocurrency comes in spite of the fact that project founder Andre Cronje just disputed rumors that he had left the project.

Related Reading: MicroStrategy’s Stock Continues to Soar After BTC Purchase
Photo by Alex H. Pflaum on Unsplash
Price tags: Yfiusd, yfibtc, yfieth
Charts from TradingView.com
Analysts Aren't Convinced of Yearn.finance's (YFI) Ongoing Bounce
Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Slips Below STH Cost Basis – Why This Could Be A Buy Signal?

Bitcoin price has continued to hover in the range of $106,000-$108,000 over the last 24 hours. The premier cryptocurrency is...

Semilore Faleti 5 hours ago
Chainlink

Chainlink Bears Show Strength, But $16 Support Could Flip The Downtrend

In his latest Chainlink daily technical outlook, CryptoWzrd noted that the token closed bearish, retesting the $16.00 daily support level....

Godspower Owie 10 hours ago
Bitcoin

Investors Pile In After Bitcoin’s Decline — Here’s What It Could Mean

Following the flash crash of last week, the Bitcoin price has once again sunk to similar depths, albeit in a...

Semilore Faleti 11 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

scaderea_bitcoin

Bitcoin își testează limitele: ce urmează după cea mai mare corecție din 2025?

antonio 11 minutes ago
Bitcoin

Bitcoin’s Creator Just Took A $20 Billion Hit — If He’s Still Watching

Christian Encila 1 hour ago
Bitcoin

Bitcoin Price: 7 Vital On-Chain Signals Spotted From Recent Crash

Semilore Faleti 3 hours ago

Premium Sponsors

Press Releases

  • イーサリアム 今後の価格動向:$4,232のレジスタンス再試し後に下落、しかし新興格安仮想通貨が10倍の可能性

    イーサリアム...

    9 hours ago
  • ビットコイン 今後の価格見通し:下降トライアングル崩壊後、10万5,000ドルを下回る可能性はあるか?

    ビットコイン...

    10 hours ago
  • シバコイン 今後はどうなる?価格予測と3日後に終了する注目プレセール

    シバコイン...

    10 hours ago
  • パイネットワーク 価格 予測:1ドル以下で注目される次世代の有望仮想通貨が投資家の注目を集める

    パイネットワーク 価格...

    10 hours ago
  • ドージコイン 今後:ナスダック報道後の大規模売却、次の大きな動きの前兆か?

    ドージコイン...

    10 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.