Daily Market Analysis - ETH

Ethereum hasn't seen a day of increase in this past month, which is normal. In a triangular consolidation range, it's just about buying low and selling high without panicking too much. However, the situation is different for other altcoins; weaker altcoins are still making new lows.

Ethereum continues to make short-term gains, with an upper target of 2700. This target remains unchanged for this week, and the bottom is rising, forming an ascending triangle. Based on time calculations, there is still at least 1.5 months to go. The challenging market conditions continue.

Currently, the hottest topic is the presidential election, which will be revealed tomorrow. TRUMP and Musk are both top-tier figures in the crypto space, and if Trump is elected, it would be a strong positive for crypto.