Bitcoin futures contract (BTCUSDT) once again set a historical high, yet many alts struggle to keep pace. Although the Crypto Assets market is rife with speculation, what is even more concerning is the myriad of eyewash schemes emerging. There are a large number of scamcoins in the market, often operated by the same group of people under different names, following the same traps. Therefore, investors should treat new coins with caution, especially maintaining rationality after the market concludes.

Currently, Bitcoin is expected to break through the $120,000 barrier, and many investors are speculating on the top position. However, as it has already surpassed historical highs, there is a lack of clear resistance levels above, making it difficult to predict specific high points. Regarding trading strategies, consider opening a long position upon breaking through $120,600, and set a stop-loss at $118,235. If it fails to break through and falls below $116,430, consider increasing the short position while setting the stop-loss near the historical high.

In this market full of opportunities and risks, investors need to remain vigilant, manage risks effectively, and closely monitor market trends to adjust their strategies in a timely manner. Whether it is Bitcoin or other Crypto Assets, they should be approached with caution, and assets should be allocated reasonably to cope with the high volatility of the market.