$YFI Hello everyone,
Today, we saw the support level at $8,000 for Yearn Finance being temporarily broken to the downside. The next support is at $7,172.81. The price will either rebound from here or continue its bearish trend. This analysis is based on the daily chart.
Please be cautious of individuals who always promise that prices will go up. Every trader or company takes profits when appropriate. If you purchased at higher levels, it may not make sense to sell now. It’s better to wait until the price increases again, rather than selling at a loss and potentially having to buy back at a higher price. As predicted, this is not financial advice—each individual should conduct their own research.
3rd Support: $5,562.13