8.21 Afternoon Ether:
From an overall structural perspective, the market is still showing a wave-like structure of retracement, with each rebound adjusting around the medium track's upward force.
Although yesterday's rebound strength was too strong, it did not show any continuation, and conversely, it fell back down.
If this round does not manage to stabilize above the medium track in the four-hour view, then the market will inevitably fall and break lower, which is the momentum brought by the structure. We will continue to maintain a bearish arrangement throughout the day.
Short near 4340～4365, target focus on 4210
