7.22 Ethereum Analysis: After breaking through the MA200 on the daily chart, today’s pullback confirms it, and the MACD indicator continues to show a bottom divergence, with the histogram successfully crossing the zero axis, indicating a positive trend.

The four-hour level has indicated the formation of a descending wedge and a potential shark pattern, with a head-and-shoulders bottom pattern appearing last night and stabilizing on the pullback.

Look to buy Ethereum around 3680-3720, targeting 3800-3850 at $ETH .