$2,335 and the $YFI —are you going after it?

First, take a look at the chart:
Over the past 7 days it’s up 40%+, the monthly line is up more than 30%. Over the last 24 hours the swings have been wild—the high touched 2750, and it’s pulled back to 2335 now.
The order book is extremely small: total supply is only 36,666 coins, which is 100 times scarcer than Bitcoin.
Market cap is $83M, and daily trading volume is already close to $200M.
The turnover rate is over 100%.
First thing: YFI’s fundamentals are not “dead”
A lot of people think YFI is already cold—but that’s wrong.
TVL is still in the $200M–$400M range. Vault strategies continue to generate real yield. Morpho Vault’s new curated strategy launched in June, and on July 1 the official team released an internal risk report—transparency is being fixed.
Recently it also started buybacks plus governance voting, and the expectation of reduced supply directly pushes price.
Second thing: scarcity is this coin’s toughest bottom-line
YFI’s total supply is only 36,666.
Bitcoin has 21 million; YFI is less than two per thousand of that.
Its circulating market cap is $83M—right now in the crypto market it can’t even compare to a decent NFT project.
You can call it old, say it’s been attacked, say it can’t keep up with the times—but you can’t say it isn’t scarce.
Once the DeFi narrative returns and capital rotates back into old-school blue chips, YFI’s upside will be far beyond what you imagine.
Third thing: the technicals are at a key fork
On the 4-hour timeframe, YFI is running inside a descending channel. Price has touched the lower band of the channel. RSI shows short-term oversold conditions—there’s demand for a rebound.
The daily chart is even clearer: after a brutal 7-day surge, it pulled back on shrinking volume—an example of a healthy “pump—retracement on lower volume—then another rally” structure.
Is 2300 mid-mountain or the bottom? It depends on whether you’re looking at the 1-hour chart or the weekly chart. The weekly chart tells you: this is just the beginning.
Key levels
Resistance above: 2500 → 2750–2800 → 3000+
Support below: 2080–2100 → 1900–2000
For short-term traders:
Wait for a pullback to stabilize around 2200–2300 before entering. Stop loss at 2080. First target 2500—sell half there. After a volume-backed breakout above 2500, chase for long, targeting 2750–2800.
For swing traders:
Build positions in batches between 2000–2200, hold through to 3000+, and only then consider taking profit—use a moving take-profit to protect gains.
With a small-float coin like YFI, once it starts moving it often runs in consecutive green candles; getting off is easy, but getting back on is hard.
For long-term believers:
Set up buys below 2000 and commit without hesitation—bet that a DeFi bull market returns.
YFI fell from 40,000 to 1,500, then to get back to 8,000 only takes one solid wave of a DeFi Summer.
#GUSDYieldRisesto3.8%