Price Position and Structural State
yearn.finance (YFI) closed at 2,103 USDT on July 15, 2026, down 0.05%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 1,579 USDT, with resistance near 2,819 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
YFI is trading above short-term moving averages but remains below longer-term resistance. MA14 at 2,089.86 USDT can act as near-term support for the recovery attempt, while MA9 at 2,139.11 USDT is the key level to reclaim for a broader trend shift. Short-term structure has improved, but longer-term moving averages still show overhead resistance.
Trading Friction and Price Efficiency
YFI shows high trading friction, with a 3-day friction score of 13.5. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest fell -1.94% in one day, showing some exposure was reduced. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.
Funding is negative on the 24-hour average at -0.021158%, with the 7-day average also negative at -0.030648%. This shows sustained short-side cost pressure across both short and medium windows.
The long/short ratio is 1.05, sitting near the lower side of its 180-day range at 17.23%. This means long accounts only slightly outnumber short accounts, and the long tilt is weak compared with recent history.
Correlation, Beta, and Index Relationship
YFI shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.232 | 0.888 | 0.054 | Weak linkage |
| 60D | 0.41 | 1.021 | 0.168 | Moderate linkage |
| 180D | 0.544 | 0.787 | 0.296 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
YFI's bands are opening, but the move still lacks full support. Bollinger Band width% reads 55.73, close to the top of its 180-day range. ATR% reads 8.11, near the lower side of its full historical range. 20-day Volume Z-score is -0.36, showing near-normal participation.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +20.45%, while RSI is 53.49.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. YFI has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.
Key Levels for the Next State Change
For YFI, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 2,819 USDT establishes a bullish regime, while a daily close below 55-day support at 1,579 USDT confirms a bearish regime.