$ETH The following is an analysis of the ETHUSDT perpetual contract shorting strategy based on current data:
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### **Key Judgment Basis** 1. **Price position**: The current price is **2,594.76 USDT**, which has fallen **16.4%** from the 24-hour high (3,106.12), but is still in a violent fluctuation range. 2. **Technical indicator signals**: - **KDJ J value 96.34**: Close to the overbought threshold (100), but in a downward trend, beware of the "rebound trap". - **MACD-Histogram turns positive (7.59)**: Short-term downward momentum weakens, which may trigger a rebound. - **Moving Average System**: Prices are still suppressed by short-term moving averages (e.g. EMA does not have a clear value, but the price is below the 24-hour central axis).