To be honest, trading contracts in this wave of the market is really testing people's limits. Understanding the type of market you're in—consolidation—is correct. But the key issue is that the amplitude of the consolidation is outrageously large.

Take top-tier coins like SUI as an example. Using a $1,500 capital with 20x leverage results in a position size of $30,000. A 20x leverage means that a decline of just over 5% can wipe you out; in actual trading, it's often around 4% or slightly more before you get liquidated. What is the current market like? Daily volatility often approaches 10%, leaving no buffer space.

From a technical perspective, my short- to medium-term judgment is not bearish. As long as the price oscillates within the range, the closer it gets to the lower boundary, the more it looks like a buying opportunity. Although my "critical hit position" ultimately couldn't escape liquidation, I managed to double my position twice during the process—though the problem is, I didn't take profits at the high points. Honestly, part of the reason is that I was afraid that these small trades back and forth would pull me back into that super-small high-frequency oscillation cycle, which is not worth the risk.

There are two possible trends in the current market. My personal inclination is that the relatively stronger trend will appear first.