The cryptocurrency market is witnessing a strong upward trend following President Trump's election, with Ethereum standing out as its price surges. However, the market shows signs of preparing for a correction phase to consolidate before continuing its growth.

- **Daily Chart**: The participation of new investors has pushed Ethereum's price above the 100 and 200-day moving averages, breaking through the psychological resistance level of $3K. However, strong resistance around $3.6K may lead to a short-term correction.

- **Onchain Analysis**: The ETH funding rate remains positive, indicating optimistic sentiment. However, high funding levels may signal an overheating market, prone to strong volatility and corrections. 📈

Investors should manage risks carefully and prepare for short-term fluctuations.