1. Discussion: Previously, in community and group discussions, the consensus was that this wave of rise was indeed dominated by futures contracts, not spot trading, but there may have been some changes along the way. In other words, it might have been futures-led initially, but now that may no longer be the case.

2. Operation: My feeling about Bitcoin is that it’s a bit stuck and not going down further, so I’m not shorting anymore and will exit the position. It was originally a test order, which is normal wear and tear.

3. Thinking: So, I need to return to the previous approach. Currently, Bitcoin is holding firm here, and some small-cap coins with medium to low market value have already started to surge. How can we determine if there’s a chance for a small-scale trend? I think it’s necessary to observe whether the large-cap coins can continue the momentum. By looking at the market cap rankings from top to bottom, if the large-cap coins are leading the charge, it might indicate that a small trend in the overall crypto market is about to emerge.