You can choose not to trade contracts, and I also do not recommend you to trade contracts. The overall trend turning bearish is merely a personal opinion.

Even from a bullish perspective, given the current level of the market's rise, even if you are optimistic about the future, you should still guard against risks, reduce your positions to protect some profits, and avoid fantasizing about selling at the highest point; otherwise, unrealized gains are just a cloud.

Do not let FOMO emotions influence you to chase high prices.

Most people are buying altcoins in the spot market; currently, when Bitcoin drops by 5%, altcoins may directly drop by over 10%. If Bitcoin drops by over 10 points, altcoins could drop by around 30 points. From the perspective of waiting for a buying opportunity when optimistic about the future, many altcoins might have lower entry prices compared to chasing high prices if you are patient.

For example, after the reminder to reduce positions the night before, most altcoins did not continue to rise that night; instead, most of them dropped yesterday. Of course, some might miss out on significant gains. But some might find that waiting could mean a significant portion of the rise has retraced. At that time, if you are optimistic about the future, entering then would be more comfortable than chasing high prices.