The Butterfly Dream is probably one of the most well-known anecdotes in philosophical literature, and as such, it has both enjoyed and suffered from several interpretations and misinterpretations. There are much more interpretations of the Butterfly Dream than this study can gloss over, but for the sake of brevity: I divide the two approaches according to how they view the characters in the plot. Specifically speaking, the first group, which for convenience I will call the egoistic thesis, views the plot in such a way that Zhuangzi is Chuang Chou, and that the butterfly is an imagined representation of the mind, while the second group, which for convenience I will call the monistic thesis, holds that Zhuangzi is different from Chuang Chou as well as the butterfly, hence supposing that the butterfly dream is an entirely distinct reality. Albeit seemingly crude, this provides a simple yet insightful view of the premises that prevent one approach from compromising with the other, as well as the crossing over of one interpretation into another which belong to the same approach. Moreover, this approach will allow me to better fulfill the overarching aim of this study, which is to contextualize a specific rendition of the monistic thesis against the backdrop of the philosophy of the Inner Chapters and its notion of Dao as a whole such that the Zhuangzi will emerge more aptly as a perspectivist. In other words, the Butterfly Dream points to what Hans-Georg Moeller terms as "a structure of presence" which, if viewed against the context of Zhuangzi's philosophy, shows the paradox of the absolute unity but also the absolute singularity of all things.