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#GatePerpDEX正式上线 ETH The daily chart is still in a downtrend, reversing in the future, maintaining a high short position. Currently, it is oscillating in the previous central consolidation area, and if minor level support and resistance can be avoided, it is best not to engage.
🌕 Short-selling strategy:
The closer you get to the position of 4266.4290 to short, the safer it is. It is not recommended to short in the lower oscillation center. Stop loss on the breakout of the descending trendline (stop loss level approximately 4322-4330).
Low-probability events require caution. If an external positive event occurs along with the market makers driving volume, it corresponds to the leftmost vertical supply pillar, and on the right side, a vertical demand pillar may emerge, targeting the area around 4426-4448.
🌕Bullish outlook:
Small time frame long position support levels: 4080-4095, 3965-3988,
Important support 3880-3860, 3755-3765 can maintain pending orders.
Keep all positions as light as possible, and maintain the idea of taking long positions to profit from rebounds, without being too rigid.
The U.S. government shutdown is a bearish event but won't be a black swan. As a precaution, temporarily avoid U.S.-based cryptocurrencies such as XRP, ADA, LINK, and Trump series coins.