Market Overview for Yearn.finance/Tether (YFIUSDT): 2025-12-09

Summary
• Yearn.finance/Tether (YFIUSDT) experienced a strong downward move from $3755 to $3600, failing to recover before 12:00 ET.
• Momentum weakened through the day as RSI fell into oversold territory and volume dipped.
• A key support level around $3610–$3620 appears to have held, forming a potential bullish setup.
• Volatility expanded early in the session but has since stabilized near a 30-point range.
• A sharp rebound began at 15:00 ET, with price rising to $3766 by 16:45, showing signs of short-covering.

Yearn.finance/Tether (YFIUSDT) opened at $3754 on December 8, 2025, reached a high of $3766, and closed at $3766 at 12:00 ET on December 9. The 24-hour volume was 180.33 BTC, with a notional turnover of $664,484. Price action shows a bearish start but a sharp reversal late in the session.

Structure & Formations

The price collapsed from $3755 to $3600 over a 5-hour span, forming a bearish flag pattern. A strong bullish reversal emerged after 15:00 ET, with a sharp move up to $3766.

A key support at $3610–$3620 held during the morning lows and appears to have triggered a bounce. A potential bearish engulfing pattern formed at the top of the early rally, while a long lower shadow in the $3610–$3620 range suggests buying pressure.

Moving Averages

The 20 and 50-period 5-minute moving averages remained bearish for most of the session, but turned bullish with the late afternoon rally. The 50-period daily moving average was below the 200-period line, indicating a longer-term bearish bias, though the recent price action may be challenging that trend.

MACD & RSI

RSI dropped below 30 during the morning lows, signaling oversold conditions and a potential reversal. MACD turned bullish after 15:00 ET, confirming the afternoon rally. However, MACD remained below the signal line for most of the session, suggesting lingering bearish sentiment before the late reversal.

Bollinger Bands

Price traded within a tightening Bollinger Band range early in the session before a sharp break above the upper band at $3766. Volatility remained elevated after the 15:00 ET breakout. The $3600–$3700 range now appears to be the key volatility corridor for the next 24 hours.

Volume & Turnover

Volume spiked during the morning sell-off and again during the late afternoon rally, confirming price action. A divergence in volume was observed between the bearish start and the bullish reversal, suggesting a shift in market sentiment. Turnover increased in line with volume, indicating genuine participation in the late rally.

Fibonacci Retracements

The 61.8% Fibonacci retracement level of the $3600–$3766 swing was at $3700, which appears to have acted as a short-term resistance. The 38.2% level at $3730 may now serve as support or consolidation. A break above $3766 could target $3790, aligning with the 78.6% level.

Price action suggests a possible short-term bottoming process has started, with the $3620–$3630 range likely to remain pivotal. While the recent bounce shows strength, traders should remain cautious for potential profit-taking or a retest of support. Volatility remains elevated, and sudden reversals are possible.