This week started with a sharp sell-off across the market. Headlines turned red, sentiment flipped bearish, and many expected continuation to the downside.
But after the initial impulse, something important happened — sellers failed to follow through.
Instead of acceleration, we’re seeing price stabilization and compression across majors and high-liquidity alts. Volatility cooled down, downside momentum slowed, and selling pressure began to fade.
This is a key shift.
In strong bearish conditions, price usually doesn’t hesitate. It breaks levels quickly, volume expands on continuation, and buyers step aside.
Right now, the market is doing the opposite.
Pullbacks are being absorbed.
New lows are not expanding.
Volume on sell candles is decreasing rather than increasing.
This behavior suggests absorption and balance, not panic.
It doesn’t mean the bottom is in.
It doesn’t mean the trend has reversed.
What it means is simpler — the emotional phase is over.
Markets move in phases:
• impulse
• reaction
• consolidation
• decision
Right now, we’re clearly in the reaction → consolidation phase.
Aggressive positioning here usually gets punished. Patience, on the other hand, gets rewarded once the market reveals its next intention.
For now, this is not a market to chase.
It’s a market to observe.
Patience matters more than prediction here.