ETH has recorded its first red candle this year, which is related to expectations that the Fed will not cut rates on January 29. However, there is no panic in the market and selling volumes are limited. ETH entries on the exchange remain small.

On Coinbase, although today's drop created a weaker appearance, there was a clear buying impulse. Strong ETF data released earlier this week played a major role. If today's ETF data creates new buying pressure, the trend could go up again.

The general mood is not pessimistic, but it is better to remain cautious until Trump's inauguration.