Recently, a new phenomenon has appeared in the market, and I call it the "Monkey Market." You can see what I mean by the recent price movements—oscillating up and down, with a rhythm that makes it easy to get knocked out if you're not paying close attention.

If you observe carefully, the cause of the Monkey Market is actually quite clear. Large investors have started to distribute profits, but the overall market is still in a bullish cycle, and some institutions haven't decided whether to buy in yet; they’re waiting for lower prices. This psychological game causes the market to fluctuate unpredictably, with large swings and varying amplitudes, which really tests people's mental resilience.

Compared to bull and bear markets, which have relatively clear logic—if you catch the trend and follow it, trading usually isn't too difficult—this Monkey Market is different. It repeatedly tests your bottom line, bouncing a little more might cause you to be shaken out. Honestly, this kind of market isn't very friendly, especially for those who like to catch bottoms precisely; it's easy to miss out or get caught in a trap with a small mistake.

Therefore, in the Monkey Market, instead of betting on extreme positions, it's better to focus on the overall direction and wait until the market clearly shows its trend. This approach might be more suitable for the current Monkey Market situation.