The market trend is developing according to earlier expectations. With the emergence of the third wave of momentum, the likelihood of a breakout is increasing. However, the specific direction of the market range still holds uncertainty, and investors need to be prepared for timely reduce position and take profit.

A viable strategy is to take profit moderately when the price approaches the upper limit of the range. If a breakout occurs afterward, one can consider re-entering the market. This method allows investors to protect their realized profits while not missing out on potential upward opportunities.

Adopting a gradual approach and operating cautiously within each range can help investors better manage risks in a volatile market while seizing potential investment opportunities. This method requires investors to remain vigilant, keeping an eye on market trends and flexibly adjusting strategies based on actual conditions.

Overall, in the current market environment, balancing risk and return is crucial. Through carefully designed range trading strategies, investors can protect their capital while maximising profit potential.