Even if there are short-term pullbacks, it is difficult to change the fact that a major trend is approaching, and this rise is clearly different from the last one. Therefore, from a technical perspective, it is a continuous trend candlestick. There is an influence from news, but we must understand that the previous rise was also driven by news, specifically the Bitcoin ETF that almost went through, but it really surged!
Therefore, news often serves as a catalyst for price increases, but the market itself has its own trends to follow. Once the election news is settled, there will be future interest rate cuts from the Federal Reserve and speculation surrounding Ethereum's upgrades!
