The Drift Before Direction

“Markets do not fall because they break,
but because liquidity withdraws faster than conviction returns
and in that silence, the next cycle forms.”

This is not about calling a bottom.
Not about guessing the next candle.
Not about narratives that arrive late.

This is about the phase almost nobody studies:

• when liquidity steps back
• when conviction goes quiet
• when price becomes directionless
• and when the next structural advance quietly initializes

There is always a point in a cycle where visible movement disappears,
yet positioning becomes asymmetric.

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