Market commentary: Selling pressure remains present

The market recorded its third consecutive declining session while liquidity remained low, indicating that although selling pressure was not overly strong, capital flows remained cautious. In addition, the index fluctuating within a narrow range reflects a tug-of-war between buyers and sellers, as the market is still in a phase of testing its direction. This development suggests that the market may continue to move in an accumulation phase in the short term before clearer signals emerge regarding the next trend.