July 21st Ether morning market analysis:
Observing the 4-hour chart, there seems to be signs of a slowdown in the short-term downward rhythm, and potential reversal signals are brewing. If the price can continue to trend upward with bullish candles and steadily hold above the key support level, the bottom structure will be further solidified, laying the foundation for the initiation of bullish forces.
Ether suggests that long positions can be arranged in the range of 3660 - 3690, with the initial target set at the 3790 - 3850 area. If this range can be broken through, higher target levels
Observing the 4-hour chart, there seems to be signs of a slowdown in the short-term downward rhythm, and potential reversal signals are brewing. If the price can continue to trend upward with bullish candles and steadily hold above the key support level, the bottom structure will be further solidified, laying the foundation for the initiation of bullish forces.
Ether suggests that long positions can be arranged in the range of 3660 - 3690, with the initial target set at the 3790 - 3850 area. If this range can be broken through, higher target levels
HOLD8.72%