Yep, futures are a grave for many out there with such volatility going in.
Only with the money you are willing to spend, just like with the spot, you can enter a position, but I wouldn't risk it due to what's going to happen is pretty much uncertain besides the rally growing stronger day by day.
Because there is always a rally in the market that is getting stronger day by day, it has caused most traders to have a strong mentality in order to be able to continue to survive in the market with whatever trading capital they choose themselves. In futures all funds can be lost if they are hit by the liquidation price, while in spot every fund or asset that has been purchased can still remain if it has not been sold at a certain price or bought at a certain price. So in terms of choice and strategy, whatever it is, it is always up to yourself to determine it because it is also the first step that every trader must think about.
In conclusion - think and analyze first, and act second.
That way, the market will have fewer chances to punish you.