📈 ETHFI Quietly Ripping +8% — Is DeFi Having a Moment?
ETHFI at $0.7405, up 8.37% with $17.4M volume (1.68x average). Not the flashiest pump today, but the chart structure is clean.
4H RSI at 67.2 — bullish lean with room before overbought. Daily RSI at 77.2 — getting warm but not extreme. Price is above all major MAs on both timeframes.
📊 Why This Trade?
ETHFI has the strongest long/short ratio of the group at 1.98 — the market is heavily positioned long, which could mean conviction or crowded positioning. The strong uptrend on the daily with expanding MACD supports continuation, but that L/S ratio is a yellow flag.
🎯 Trade Plan (LONG):
• Entry: $0.716 – $0.765 (SMA7 to SMA25 zone on 4H)
• Stop Loss: $0.642 (below SMA25 4H, ~10% risk)
• TP1: $0.770 (range extension)
• TP2: $0.829 (trend target)
The wide stop reflects the volatility — size your position accordingly.
DeFi season or just a dead cat bounce? Let me know 👇
#ETHFI #DeFi #DYOR
⚠️ Not financial advice. Always DYOR and manage your risk.