I just recently discovered that the market has come up with a new pattern called the "Monkey Market." This term is indeed very fitting, just like the recent market movements—jumping up and down, making it hard to keep track.



If you're even slightly inattentive to the overall pattern, you might get shaken out. The worst part of a Monkey Market is right here: a small pullback can trap you.

If you look closely, the reason for the appearance of a Monkey Market is actually quite clear. Large investors are taking profits, but although the market is still in a bullish trend, institutions aren't in such a rush to buy in. They're waiting, waiting for a lower price to jump in, which causes the price to fluctuate up and down, with the swings being big and small.

Compared to a bull or bear market with a one-sided trend, as long as you're on the right side and follow the trend, trading is generally straightforward. But a Monkey Market is different; it will jump a couple of times and then leave you behind. This kind of unpredictable market is really unfriendly. After trading for so long, I still think the Monkey Market tests your mentality the most because you never know whether the next jump will be up or down.
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