Market sentiment is overheated, and there is a significant risk of a short-term pullback. If ETH cannot stabilize above 4900, chasing the high can easily lead to losses. The upward trend of altcoins is decent, but the traces of market makers' manipulation are apparent, so caution is advised.
If there is a spike, find your favorite altcoin (with potential) for entry points, and it is recommended to use spot trading. For contracts, if you are opening large positions with small losses, you should anticipate your expected loss; otherwise, it is not recommended to engage, as altcoins are heavily controlled!