**Messages are everywhere, but traders only pay attention to one thing**

After so many years of trading, I’ve seen too many stories where "good news" overnight turns into a "nightmare." News is like a marketplace—morning announces "imminent surge," and by afternoon, it’s chaos with cries of "collapse coming." Retail investors run around in all directions, ultimately only able to accept losses and exit. The only thing that can truly make money is not those headlines—it's what the price itself is telling us.

Remember the GBP plummeting 5% in a single day in 2022? All indicators responded sluggishly, but only the naked candlestick chart was quietly speaking through long lower shadows: the bulls were fighting back. That’s why I never chase trending news. Price encompasses all information—institutions’ intentions, retail panic, policy shifts—all written into the candles.

**The monthly chart is the "north star" for direction**

To judge the overall trend, my first step is always to look at the monthly chart. If the last monthly candle closes with a long upper shadow and volume increases while the price stagnates, that’s a bearish signal. In November last year, I judged a big drop based on this pattern, and the market subsequently crashed. Once the monthly chart signals, even large intraday fluctuations are just noise.

Currently, the key support level is at 82,250. If it breaks, it means the bears have taken full control of the market.

**Weekly breakdown, bearish pattern confirmed**

The recent weekly candle is a standard large bearish candle with almost no lower shadow, indicating aggressive selling—no one is willing to buy. Even more critically, it broke through the ascending trendline of the bull market—this is not just a technical correction but a structural breakdown.

Looking downward, 85,179 and 78,430 are two important supports. The market will likely fall near 80,000 to establish a bottom. But don’t forget, the 94,277 level has not been effectively broken yet, so be cautious of trap rebounds.

**The daily chart is still "waiting," no rush**

The daily chart currently looks like a "downtrend continuation": no clear breakdown signals, and no signs of a bottoming out. This tests patience—better to miss some moves than chase highs or bottom fish. Signals are more valuable than speed. As long as the overall direction of the monthly and weekly charts remains unchanged, daily fluctuations are within expected ranges.

**Final words**

This market creates new stories and fears every day. But true traders know that stories change, numbers change, and the only constant is—price never lies.