#YFI🔥🔥🔥 The 1-hour chart for YFI/USDT shows a strong upward trend with a significant price increase of 24.29% in the past 24 hours. Here's a breakdown of the key observations: Price: The current price of YFI is $11,588, representing a substantial gain from the 24-hour low of $9,225. The high for the past 24 hours was $12,468.8. Moving Averages: All moving averages (MA) are trending upwards, suggesting a bullish momentum. The shorter-term MA (MA5 and MA10) are above the longer-term MAs (MA20, MA30, and MA60), confirming the bullish trend. Technical Indicators: The MACD (Moving Average Convergence Divergence) is negative but showing signs of a potential upward crossover, which could signal further bullish momentum. The RSI (Relative Strength Index) is above 50, indicating a bullish sentiment. Volume: The volume is relatively high, indicating strong trading activity and interest in YFI. Overall: The 1-hour chart suggests a strong bullish trend for YFI/USDT. However, it's important to consider the broader market context and other factors before making any trading decisions.
Monthly close in less than 7 hours. Funding is crazy across the board. Reduce leverage exposure and wait to grab alts in parts in dips. Don't let the fomo kick in. There's a lot more to go.