CAUTIOUS PRICE ACTION
The market continued its decline with a small-bodied candle, and temporary recovery efforts are being resisted at the MA(20) line. Liquidity increased compared to the previous session but remained at a low level, indicating that supply is still putting pressure on the market while supportive cash flow remains quite cautious.The market continues to face pressure from the MA(20) line after losing balance in the previous session. This price action shows that the risk of further market correction is still latent.
For the market to truly stabilize and have the momentum to return to an upward trend, the market must quickly return above its MA(20) line, and cash flow needs to make a greater effort to absorb supply in the near future.
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