Are you afraid of this market? Be cautious when bottom-fishing. This spike is still bouncing. It's the first time I've seen something like this, a kind of black swan, a sense of a bear market in a second!
What was the last black swan situation? Think carefully. I didn't trade contracts back then. It was just spot going to zero.
In the past, it was just a spike, like the time when Bitcoin plummeted to 3000 or 5000, that was the last black swan.