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$$YFI 2103 USD is a fake breakout. Whoever dares to buy the dip at 1700 is a coward. 24-hour volume is 12.5M, doubled but price failed to break through 2140. Whales bought the dip at 1796 and then distributed directly. This is a textbook case of high-level handover. YFI's historical nature is that chasing pumps gets you killed quickly. Last time after a 16-point green candle, it dropped 20% in three days.
I entered a short position openly, stop loss at 2200, first target 1900, second target 1720, position size 20%, no additional positions. Don't talk to me about fundamentals. DeFi TVL has already collapsed. This rebound is just a sacrificial rally for short covering.
If you think I'm wrong, screenshot this and come back to slap me tomorrow, but think it over first: YFI only stayed above 2100 for 8 hours last time. I'm Old Wang, specializing in sniping zero-out plays after pump-and-dumps.