According to Pentoshi, the current market conditions resemble a 'ping pong' scenario where price movements are expected to oscillate within a range. Pentoshi advises traders to focus on trading only the extreme high and low points of this range, as trading within the middle is likely to result in losses. The lower bound of this range offers a cheap invalidation point, making it a strategic entry or exit for trades. Traders should exercise caution and avoid mid-range trades as they are bound to be unprofitable. (Source: Pentoshi, Twitter)