Waking up on Monday morning to check the market, I found that the market trend basically matched my predictions—this is a classic choppy "monkey market."

What is a monkey market? It’s when the bulls refuse to give up, and every time the price is pushed down, it gets pulled back up to prove that “the bull is still alive.” Last night, BTC dropped straight below 89,000, but this morning it was pulled back up again. Looking up, the 92,000-93,000 area will be a resistance zone, but if it breaks through, it’s likely to test around 94,000. To the downside, 86,000-89,000 is a support band, but for now, the bulls haven’t shown a strong counterattack. My assessment is that today might see a slight upward test, or it will just oscillate within this range.

For ETH, watch 3,130–3,200 above and pay attention to the 2,900–2,950 level below.

ZEC is a bit special, with resistance between 355–370 and support at 320–330.

The trading logic for a monkey market is simple: lock in profits when you have them, don’t be greedy. At this stage, there might still be one last round of “crazy moves” meant to liquidate those chasing shorts with high leverage. So the key is to read the situation clearly and react immediately to even the slightest changes in the market. At this late bull/early bear stage, judgment is more important than your position size.