$BTC's recent trend is somewhat dangerous, as it has reached the intersection of the 7-day moving average and the 30-day moving average. If it breaks down further, the target below for Bitcoin is around 93000, and the trend is very similar to that of 2021.

The good news is that $ETH's current trend is still relatively healthy. Since last year's ETF, the trends of $BTC and $ETH have no longer been in sync. Most altcoins are EVM-based, so $ETH is mainly used as a reference. However, when reaching a critical position to choose a direction, one should consider whether to reduce or liquidate holdings.