Institutions are well-fed, retail investors are starving, BTC reaches another ATH!

ETH is close to touching its historical high, volatility is expected to explode.

If 4900 is rejected, it may retrace to 4500, which would be a significant drop. Breaking through 4900 could lead to a surge towards 5300, and shorts will be squeezed again.

Altcoins have skyrocketed more than 20% in recent days, and market makers are likely to conduct liquidations, trapping some leveraged players before allowing the altseason to take off. Leverage? If you can't manage your positions well, stay away; it's purely suicidal.

Personal opinion: Market sentiment is overheated, and there is a considerable risk of short-term pullback. If ETH cannot hold above 4900, chasing the high may lead to being trapped. Although altcoins are performing well, the traces of market makers' operations are evident, so caution is advised.

If there is a spike, find your preferred altcoins (those with potential) to position yourself, and it's recommended to trade in spot. For contracts, when opening a large position with small losses, you must predict your expected losses; otherwise, it's not advisable to engage, as altcoins are heavily controlled!