In the current cryptocurrency market, the rise in the price of Bitcoin ($BTC ) seems to herald the beginning of a bull market. The market has experienced dramatic fluctuations, including rapid declines and rebounds, which has caused spot holders to worry about being washed out by the market. However, for contract traders using leverage, the key is to maintain a small multiple of leverage to reduce potential risks. If BTC can stabilize above $66,000, the market is expected to see further gains, possibly reaching $70,000 or even higher. This is similar to the market conditions at the beginning of the year, when various cryptocurrencies may usher in a rise of about 30%. In particular, old currencies such as SHIB, $DOGE , and PEPE are also expected to usher in a wave of rising prices.

It is worth noting that among the top 100 cryptocurrencies in the market by market value, 10 are meme coins, which shows that the market's interest in such currencies is still strong. Although all currencies except TURBO have pulled back today, this may be because the market is too optimistic about BOME and other currencies, resulting in a large pullback after the increase. In this market environment, investors should remain vigilant, choose valuable investment targets, and follow the pace of the market leaders. Remember, as long as the market leaders are still in the market, we don’t have to worry about short-term market fluctuations. Through a sound investment strategy and a keen insight into market dynamics, investors can find their own opportunities in a volatile market.