YFI bagholder special. I fully expect YFI to outperform ETH this coming Defi summer 2.0. Looking to build a long term position around current price action. Signs of weakness below 20 YFI/ETH (many daily closes) I would look to close and re-enter lower.
The YFI/ETH pair has M'd out and also broken out of the wedge.
Same as COMPOUND, YFI is a solid blue chip DeFi coin created by one of the DeFi pioneers, Andre Cronje.
I see YFI going places :) Not much downside from here in my opinion
Get em' will its cheap to increase your ETH holding
**Not financial advice, please DYOR :)**
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.