If you were to pinpoint the point of extreme panic in the past three months, I'd say today truly is. Before that, regardless of price fluctuations or volatility, market funds were flowing into ETH, including from ETH market makers. Now, look at the ETH/BTC price action. BTC is holding steady, while ETH has been slowly declining with no funds flowing into it. Even the bulls are only buying BTC, afraid to touch ETH again. This truly reflects the current sentiment. BTC will gain a larger market share, and the liquidity from ETH and other altcoins will be absorbed by BTC – this is a positive sign. A reminder: if BTC breaks below 822, it will likely head towards 69,000. Long positions should be managed with stop-loss orders.