Market Overview: Yearn.finance/Tether (YFIUSDT)

• Price fluctuated between $4,827 and $4,965, with a final 24-hour close near intraday support.
• RSI suggests overbought conditions were cleared, with momentum shifting toward the downside.
• Volatility expanded in early hours but stabilized toward the end of the period.
• Doji and spinning top patterns signaled indecision, particularly during consolidation phases.
• Turnover increased during sharp price moves but lagged behind price declines.

Yearn.finance/Tether (YFIUSDT) opened at $4,832 on October 14, 2025 (12:00 ET–1), reached a high of $4,965, touched a low of $4,827, and closed at $4,883 at the end of the 24-hour period. Total volume was 189.93 BTC, and notional turnover reached approximately $948,607 (assuming $4,883 average rate for calculation). Price action over the past day reflected mixed sentiment, with buyers stepping in during early recovery phases and sellers dominating later consolidation.

Structure & Formations

Price traded in a range-bound pattern through most of the session, with key resistance observed near $4,940–4,965 and support near $4,890–4,880. A long-legged doji near $4,900 and a spinning top at $4,930–4,933 highlighted indecision. A bearish engulfing pattern was visible during the late afternoon, confirming a shift toward bearish momentum.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages intersected in the upper $4,870–4,890 range, indicating a potential short-term bearish bias. The 50-period MA acted as a dynamic resistance, while the 20-period MA sloped downward in the final hours. On the daily chart, price closed below the 50-period MA but held above the 100-period MA, suggesting a mixed intermediate-term outlook.

MACD & RSI

MACD turned negative and remained below the signal line, indicating bearish momentum. RSI dipped below 50 during the latter half of the session, reinforcing the downtrend. The indicator approached oversold territory near 30, suggesting potential for a short-term bounce, but lack of follow-through volume indicated caution.

Bollinger Bands

Volatility expanded in the early hours, pushing price to the upper band, before contracting into the middle band. Toward the end of the session, price hovered near the lower band, suggesting a potential reversal. The narrowing band in the mid-session implied reduced volatility, with a breakout likely in the next 24 hours.

Volume & Turnover

Volume spiked during price highs in the late afternoon but diminished during the bearish leg, highlighting divergence. Notional turnover was lower during the final hours despite a larger price move, which could signal weak conviction in the bearish shift. The lack of volume confirmation during the breakdown raises questions about the sustainability of the current move.

Fibonacci Retracements

On the 15-minute chart, a retracement level at 61.8% ($4,886) aligned closely with the 24-hour close, reinforcing a potential short-term bottom. Daily retracement levels from the recent high suggest a target near $4,850–4,870 as the next support area. Price appears to be consolidating in that range, with a potential test of $4,830 if bears continue to press.

Backtest Hypothesis

Given the mixed signals from RSI and Bollinger Bands, a one-day holding backtest could be structured by entering long positions when RSI dips below 30 and price closes above the 20-period MA, while short positions are triggered when RSI rises above 70 and price breaks below the lower Bollinger Band. This approach would need to be tested with a validated symbol and historical price data—preferably using a recognized symbol such as “YFI-USD” or an exchange-specific pair like “YFIUSDT.BINANCE” to ensure data integrity. Using such a symbol would allow for a precise evaluation of this strategy against past Doji Star events or key trend changes.