As we can see $BTC hit 57000, while the alts didn't pump and basically stayed at the same level. The meme coin like $PEPE pumped hard. Meme coins are supposed to pump after the alts. If Bitcoin shows a good correction then alts are going to bleed out.
The funding rates are extremely positive which means a lot of long positions are currently opened, so its extremely risky to open any trade at this moment.
If we see a good correction then there is a good chance to open new long trades after a successful retracement If we continue to pump more, be patient and enjoy he profits from your spot wallet
