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The recent market situation has made people's minds a bit chaotic, even veteran traders are starting to question life. Who is actually making money? I guess not many people can answer this question.
A seasoned trader's recent feeling is just two words—can't understand. The weekly chart movements are inexplicable, and the overall tone of the larger cycle isn't very friendly. Based on this rhythm, there is still room for decline. At the beginning of the year, I was still hoping to break through the 100,000 mark and keep up with other markets. Now, that idea has to be put aside.
So I simply cleared my positions; lying flat is the best choice right now. Instead of struggling with the market here, it's better to wait and see. Sometimes, not trading itself is the best trade.