wait-and-see; sitting on the fence; waiting to see which way the wind blows
Describes a cautious, non-committal attitude of observing a situation before acting. Often used in business or political contexts.
He's decided to wait and see, and hasn't stated his position yet.
市場の動きが読めないので、今は模様眺めが賢明だ。
Since we can't read the market trends, a wait-and-see approach is wise for now.