Bears go, bulls come; the spring chill is sharp. Only after enduring the deepest night can you see the brightest light. The big coin yesterday evening fluctuated down from the 76595 high, then dropped to the 74821 low before rebounding back to 76500 in the early morning. Ethereum’s overall trend shows a range-bound, choppy sideways trading pattern—its price trades around the 2280-2330 range.

From the chart, the pullback-and-rebound on the big coin still lacks strength; there’s no sign of stabilization and recovery. For shorts, there’s no need to worry about downside space—the market has generally entered a consolidation in the form of range-bound oscillation. The bulls can’t lift prices much, and the short-term sideways bias is weak has already formed. The coin price is again making a new low; the downside room has been opened. After a short-term rebound followed by consolidation, another round of deep breakdown may come.
Big coin: short around 77500, target 75500
Ethereum: short around 2370, target 2260