Everyone should refrain from shorting recently; the Bitcoin hasn't dropped overnight, indicating that there isn't much desire to retrace and let people get on board. Breaking ten thousand shows serious selling pressure, but the actual market tells you that buying pressure is stronger. It can't retrace even a little bit. On the other hand, altcoins are being continuously drained and stagnating while Bitcoin is surging. Therefore, when Bitcoin consolidates today, the altcoins' opportunities for a rebound will also follow.
For contracts, it's better to avoid obscure and niche new coins; if you want to trade, stick with Bitcoin, Ethereum, and Dogecoin. $BTC