Deep Analysis of ETH Short term Downward Trend: Key Support from Gann Matrix, Highlighting FX Protocol's Short Opening Advantage ETH market analysis (short-term bearish view) I have opened a short position on the FX protocol Recently, ETH has shown significant downward pressure. Based on the price and angle line analysis of the Gann matrix, there are three key support/target positions in the short term: 1.3720 USD Corresponding to the 372 horizontal line of the Gann matrix, it forms an angle opposite to the recent high of 4950, forming a preliminary short-term downward target. Technically, if it falls below this level, it will increase downward momentum and short-term selling pressure will continue. 2.3190-3130 USD Corresponding to the 319-313 interval, it belongs to the triangular resonance region of 495, 372, and 49. If the pressure in this area does not break, it may form a brief rebound; Breaking through means that the trend continues. 3.2640-2650 USD The horizontal line corresponding to the 49th opposite circumference of the Gann matrix is also the key low point of the 4950th third pi. If it falls to this level, the short-term downward trend may reach its limit and can be regarded as the "ultimate low point". Advantages of FX protocol with open space In the current bearish environment, choosing to short ETH on the FX protocol has several significant advantages: 1. Zero funding rate Compared to traditional perpetual contracts, there is no need to worry about holding costs, and holding short positions for the long term is more cost-effective. 2. Flexible leverage You have chosen a 7-fold leverage, with controllable risk and no fear of liquidation, which means that the returns will be amplified when the market continues to decline, while the cost pressure is low. 3. Trade in line with the trend The current ETH technology shows strong ability to take action, open short to follow the trend, and is safer than blindly going long. Short term ETH bearish, target focus: 3720 → 3190-3130 → 2640-2650. FX protocol short opening has the advantages of zero capital rate, high leverage flexibility, and opportunistic trading, making it an ideal tool for seizing downturns. The key is to patiently hold positions, wait for the price response of key support areas, and then make subsequent strategic adjustments. Special Reminder: The content posted is for personal reference only and does not involve any investment. Operations based on this may result in losses. ETH E Guard Empty Order