Liquidity Shift Suggests Extended Bearish CycleThe market is showing a progressive decline after losing upward strength. Recent swings indicate a decisive bearish control, with successive shifts in structure confirming the downward pressure. Attempts to recover higher levels have been shallow, reflecting exhaustion on the buy side and stronger liquidity flow toward sellers.
Market behavior suggests that rallies are being used as opportunities to exit or reposition short rather than initiate sustained bullish momentum. This is consistent with the overall weakening tone across the chart, where volatility spikes have favored downward extensions.
Looking ahead, if the current pace of distribution continues, the market is likely to maintain a bearish trajectory with potential for deeper declines as liquidity seeks out lower price ranges.