The recent market movements have been like testing back and forth, sometimes pushing up and sometimes crashing down, which is exhausting to watch.

You might think it's about to break out, but then it pulls back; you might also think it’s going to break through, but it actually pulls up. A typical triangle pattern is converging, with volatility narrowing, and it looks like a conclusion is near.

However, next Sunday’s interest rate hike in Japan is looming, along with the Federal Reserve’s liquidity injections in the plan. Powell insists on a hawkish stance, but ultimately, the fate of easing cannot be escaped. The market is being torn between these two forces, and no one can say which way it will go.

This kind of stalemate is the easiest trap for people. Following the trend often results in losses on both ends. The smart move is to wait, let the market decide itself; once key levels are broken, then get in, so that risk and reward are aligned.

Continue to monitor the market, and when a high-cost entry point appears, take action. Remember, choosing the right position is always more valuable than guessing the right direction.