Market commentary 2026/08/29: Absorbing selling pressure

The market recorded a decline alongside higher liquidity, indicating that selling pressure remained dominant. Notably, in recent sessions, liquidity has tended to increase on declining sessions while weakening on gaining sessions, reflecting a lack of consensus in capital flows and suggesting that selling activity has become relatively more proactive. However, improved buying demand toward the end of the session absorbed part of the selling pressure, allowing the index to significantly narrow its losses and close near the session high. This suggests that the short-term accumulation phase has shown signs of weakening, although buying demand remains responsive at lower price levels and a new correction trend has yet to be clearly confirmed.