The recent fantasy coins are actually all pretty fake, they can't get volume. You can check out contracts like bsb, gua, lab—most of these contract order books have 100,000 positions, but that's not even margin; they can directly spike the price by a few points, which is a pump-and-dump scheme, entering with a head-cutting interest, getting slaughtered once you're in. If you want to run away, they cut a few more points; if not, they’ll wipe you out completely.

These aren't even real fantasy coins; the only possibility is playing with spot in the early stages or quick contract swings without greed, but they all lack volume.
And then, the open interest (OI) is always over 10 million, and the order books look like that. Many are double-opened by the whales themselves, with both longs and shorts eating each other. The side with more traders gets crowded, and after a breakout entry, you might be immediately eaten up. So, if you want to play these contracts, you can't go for breakouts; you can only enter after the whales stop-loss the breakout funds. This carries higher risk because you don't know if it's the last wave, and there's no volume. It’s not like Rave with so many unlimited margin players.
Recently, I’ve been taking a break myself, occasionally watching market liquidity. If there’s no big opportunity, just watch more; there's no need to trade because it’s all zero-sum. When real funds enter, only then can you make money. Otherwise, it’s just a game against the whales. Playing with whales is like playing with an open card. At this stage, it’s really hard to beat them because once you enter, you get cut... $BSB