$ETH The first question at the beginning: Are you panicking?

After a week of major market adjustment, even the gods would feel a bit of panic, but staying calm is what you should do.

--- Can you guess why today's main character has switched back to Ethereum? Recently, I specifically published an article in which my expectation was 'waiting for Bitcoin to emerge from the correction wave, which is likely the opportunity for Ethereum's big market to start.'

--- I believe Ethereum has basically reached its bottom, as shown in the second chart of the daily EMA. Since I am generally bullish, I think the EMA position is the most cost-effective for building positions.

--- Ethereum can delineate the range of 3050-2777 as a spot accumulation area.

--- To see a halt in the decline, we need to at least break through the descending trend line in the chart and reclaim 3530.

Currently, there have been multiple instances of panic selling volume, and it indeed allows for incremental accumulation.

$BTC Bitcoin is also under pressure from the descending trend line & descending acceleration line, aiming to reclaim 99000 as a halting point.

89000-86000 is a good spot accumulation area.