Contracts may seem complicated, like a high-end game in the financial world, but in essence, they are just an enlarged version of spot trading. They are simply adding leverage on top of spot, amplifying both the risks and returns.

Money comes quickly, but losses come even faster, so if you want to play, first understand the rules.
Don't underestimate the funding fee. A positive fee means that longs are paying shorts, so don't blindly chase the highs; a negative fee means that shorts are paying longs, which often indicates that the market may continue to drop.
Leverage should not be used recklessly; it's like a magnifying glass, doubling your gains when you make money, but also doubling your losses when you lose.

Beginners should honestly use 3-5 times, 10 times or more is for professional players, not for you to gamble on luck.
How to play?
I summarize it into four steps:
First, look at the big picture. Don't just stare at the one-minute candlestick chart aimlessly; at least start by looking at the daily chart. Moving averages and MACD can tell you where the trend is.

Second, find the entry point. A pullback to the middle band of the Bollinger Bands on the four-hour chart, with RSI turning upwards, is a reliable setup; if the trading volume suddenly increases and breaks the pattern, it becomes even more stable.

Third, think about your stop loss in advance. Don't hold on to illusions; if you lose to the point you set, run immediately, or else liquidation is just a matter of time.

Fourth, take profit. Get out when you're in the green, even if it's just a 10% gain. Remember, the market will always have the next wave of movement; greed will only lead to giving back profits.
The last piece of honest advice: Don't take too heavy a position; at most, let a single variety move 30% of your principal.
Contracts are not about who makes money the fastest, but about who can survive the longest.
There will always be market trends and opportunities, but don't rush for quick gains and lose your principal first.