Asian crypto markets collectively retraced on Monday, with Bitcoin falling below $92,000, Ethereum dropping below $3,200, and Solana falling below $140. Total liquidations across the network reached $593 million, with longs accounting for nearly 90%. The market is concerned about the Federal Reserve's policy shift, geopolitical tensions, and obstacles from crypto legislation, leading to profit-taking at high levels. Traders should respond rationally to market fluctuations and maintain a clear understanding of risks.