I saw a video of a psychologist explaining how acknowledging one’s emotion verbally is a very efficient way of regulating them. This works by putting one’s feeling at a distance while acting as an observer.
This appears to be an actual thing called emotional distancing, as explained for example in the intro of Kross et al. (2014) . This paper further shows that the language we use matters. For example. referring to oneself in the third person increase the efficiency.
Kross, E., Bruehlman-Senecal, E., Park, J., Burson, A., Dougherty, A., Shablack, H., Bremner, R., Moser, J., & Ayduk, O. (2014). Self-Talk as a Regulatory Mechanism: How You Do It Matters. Journal of Personality and Social Psychology, 106(2), 304–324. https://doi.org/10.1037/a0035173