Markets rarely become emotional first. They become fragile first.
Today's price action suggests liquidity is thinning beneath the surface. Buyers are still participating, but conviction has weakened. That leaves price increasingly sensitive to relatively small waves of buying or selling.
Many traders wait for fear to appear before becoming cautious. By then, much of the move has already happened. Behavioral finance reminds us that liquidity often changes before psychology does.
Today's objective is simple: avoid confusing relief with recovery. Watch whether buyers can reclaim key resistance with expanding participation rather than reacting to every short-term bounce.
The market doesn't reward predictions. It rewards patience when conditions are uncertain.