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Nothing has changed.
This is not a market for heroes, it is a market for surgeons.
Either you make very quick scalps, with obsessive risk management... or the best trade is to do nothing.
In these phases, the price moves erratically, without a clear structure, with liquidity being taken and released continuously. It is the perfect terrain for blowing up those who force entries and those who refuse to stay flat.
The 'easy mode' will return.
And when it returns, it will be exponentially aggressive, with clear directional movements, real expansions and opportunities that can be seen from afar.
But until then, your only job is to survive.
Don't burn your portfolio looking for action where there is none.
Because when the time comes to push... you'll need to still be in the game.
And yes, probably 90% are already out.
The market does not forgive impatience.