The YFI trend is starting to struggle a bit; I just noticed that the technical indicators have completely turned bearish.

The 4-hour and 1-hour charts have both formed a death cross, and the moving average system has collectively turned green, with almost all short and medium-term support levels collapsing. The price is currently hovering above 4455, and if this level cannot be held, the downside space will open up. From the order book data, it looks even more alarming; the selling pressure is clearly outweighing the buying pressure, and large holders have also started to watch from the sidelines, with active buying almost coming to a halt.

More importantly, the funding rate is still positive - which means there are quite a few long positions holding strong. Once they can no longer withstand the pressure and start to liquidate, the probability of a sharp decline significantly increases. The overall long-short ratio across the network and the position ratio of large holders are both hovering around 0.7, indicating that the overall sentiment has shifted towards the bearish side.

If you want to take action, you can consider placing a short position in the range of 4441 to 4477, aiming for a 3% profit initially, but be sure to set a stop-loss. The market is currently very volatile, and position control is more important than anything else, so don't go all in.

Technical indicators, capital flow, and sentiment are resonating downwards in three dimensions, making it unlikely for bulls to turn the tide in the short term. Of course, anything can happen in the crypto market; strict risk control is the key.