It does not make sense for YFI to be worth more than bitcoin. It has also recently gained a fiat off-ramp at Gemini.
Weekly close may provide as support, I think the price where it first crossed over bitcoin makes sense as reversal if it doesn't completely die.
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LTF update, turning up from short covering
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Entering short here. The real 'gap' (when CME closes) is priced at 20675 lol back to sleep
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More to come. I got chopped up trying to get the top on this
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Some relief after carnage may be likely if this volume zone is broken through. It should, bears want to refill, speculative longs want to catch a knife
Trade closed manually
Closing the perfect short before it really started running...
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Local bottom, think it's deviated too far from the price of everything in the mkt, still believe in at least 11k
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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