July 21st Ethereum Morning Analysis:

From the 4-hour candlestick chart, this may indicate that the short-term downtrend is likely to slow down and may even welcome a reversal.

If subsequent candlesticks can continue to close positively, and the price gradually stabilizes at key levels, the bottom formation will be further confirmed, thereby laying the groundwork for the beginning of a bullish market.

Ethereum suggests going long around 3660-3690, targeting 3790-3850, and if it breaks through, continue looking towards #以太坊突破3700 $ETH .