Most investors got carried away with the excitement that this year will be bullish staring from this Q1 base on past trends, this market fluctuations is not suppose to be a big worry but the anticipation of bullish momentum is actually what is bringing this market panic.
Just as said the only way to win in this market is to actually stick to long term holding something I called diamond hand, short term trades at this period is usually risky this is similar to future trading right now and it is one type of trading that one needs to avoid this period as we can see multiple news of liquidation reports of millions.
Many thought that bitcoin and the entire crypto market were going to continue with the bullish momentum it put up from the end of 2024 to early January all through the political events of January 2025, somewhere aiming bitcoin to rally up to $150.000+ but forgetting that bitcoin is a two-way unpredictable market same with the entire crypto market.
There will always be a short-term market reaction and in as much as the price of Bitcoin can rise to almost 115k before diving back to the current price, it won't take bitcoin any time to recover back to the previous all-time high when and if the momentum happens.
For now, the best approach is to leverage the spot market only to reduce the risk level while trying to take advantage of current market conditions.