Qin Feng Midday Analysis

The short-term trend of Yitai is slightly bearish. From a technical perspective, the K-line is under pressure from short-term moving averages, and the MACD fast and slow lines have crossed downwards with increasing green bars. Market sentiment is cautious, lacking upward momentum, and it is expected that the price of Yitai may further decline in the short term.

Yitai can be shorted around 4650-4600, targeting around 4550 #eth