8.19 Afternoon Ether:

From the 4-hour candlestick chart, the continuous bullish rebound seems to show a struggle from the bulls, but in reality, it is difficult to break the downward trend.

The Bollinger Bands continue to decline, with the middle band acting as strong resistance, and the price has no chance to even touch the middle band. Under the impact of multiple candlesticks with long upper shadows, it is powerless to rebound.

The market rhythm is clear, and the short-term rebound can be seen as a process of accumulation, but the overall outlook remains bearish.

Short positions around 4260～4290, with the target focusing on 4125

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