It's a bear market now, not that you can't make money, but it's extremely difficult. Bitcoin's price has been long below the ma200 and ma50, with various violent price swings. Especially for spot traders, making money is harder than with futures because the probability of price going up is lower than going down.

In the previous bull market, there was a long two-year bull run. You could enter casually without worrying; the price was always rising. Now, it only oscillates at low levels with various false breakouts. Given this, why not find a altcoin and do short contracts at low leverage? No, no, no. It's like the stock market crash of 2015—there are always a few junk stocks that go crazy. There are always a few trash coins that surge wildly. If you accidentally sell at the peak of a crazy coin, you're probably done.
The price at this stage will repeatedly tear apart your cognition and confidence. The price will suddenly surge without warning, then pull back sharply, then consolidate sideways for a long time, then suddenly find a direction and surge again, then pull back. Long-term, this will completely destroy your faith. When you are repeatedly pulled and finally can't bear it anymore, and see your neighbors making huge profits buying silver, gold, or AI, and you give up your belief and leave the crypto world—then the bull market returns.