Now is the ideal time to enter a bottom position, but there is still no stop to the decline. Personally, I believe that ETH needs to break below 3000 to test the floating supply.

Analysis: ETH has seen three significant drops with decreasing trading volume, which indicates supply exhaustion. On January 13th, ETH was the ultimate shakeout, and now we are seeing a second confirmation. If the second confirmation is successful, ETH may break the downward trend line and reverse the market.

As for the altcoins, they are falling hard, and once they reach a suitable level, buy in. However, if you want to trade on the right side, that's fine too, it depends on personal preference. I prefer a bit more to the left 🙃