The price of Yitai Coin continues to decline, deeply trapped in a downward channel, with short-term rebounds unable to break through key resistance and struggling to hold steady, clearly indicating that bears still dominate the market.
Currently, the tug-of-war between bulls and bears has entered a crucial period, with the long upper shadow of the K-line highlighting heavy selling pressure above, and bulls facing significant resistance. Strategically, one can short during the rebound at dawn, as this rebound is a good opportunity to position for short orders.
Yitai: Around 2625-2610 🈳
Looking down: 2550-2500
