**Good News: Ethereum is Ready to Come Down the Mountain! 🚀**
- After Trump's victory, the crypto market is on the rise, and Ethereum is also soaring. However, don't be too happy yet, because the market is getting ready to enter a correction phase.
- On the daily chart, Ethereum has managed to break through the psychological level of $3K, indicating a bullish market change. But, be careful, there is strong resistance at $3.6K that could cause the price to retreat for a moment.
- On the 4-hour chart, the price spike from $2.4K to $3K indicates a change in market sentiment. A correction to $3K could be a golden opportunity for new buyers to enter.
- Onchain analysis shows that ETH funding rates remain positive, indicating market optimism. But, be careful, high funding rates could be a sign that the market is overheating.
Comment below, come on! Are you ready to face this correction?