$ETH
Unlike the three bottoming trends of BTC after Christmas night, ETH's performance is stronger, mainly due to the presidential election. Therefore, despite the relatively calm market, people are unwilling to sell their Ethereum holdings. This situation is expected to intensify as Trump officially takes office.
From a fundamental perspective, most people tend to favor assets with a relatively smaller total value (i.e., Ethereum, which has more room for growth), leading to an increase in Ethereum's consensus. Whether the market will buy into Ethereum still needs to be observed. Currently, ETH's price around 3400 is still considered a good entry point.
The daily trend of the ETH/BTC trading pair has rebounded after hitting the key reversal position around 0.033 twice, which is undoubtedly a strong bottoming signal in the candlestick pattern. Looking at the current trend, ETH is expected to lead the market upward when the next round of market activity begins.