Ethereum (ETH) is trading near $2,450 on Tuesday, but it could stage a 10% rise to test the $2,707 key resistance level if Donald Trump wins the US presidential election. However, on-chain data reveals uncertainty and short-term bearish pressure as ETH investors appear to be de-risking ahead of the election results.

Solana Price Forecast: Bearish sentiment retreats as price gets close to key leverage levels

Solana (SOL) rebounds on Tuesday after six consecutive sessions of losses as price action tests a critical breakout level at the $160-$165 region from a technical point of view. The increased levels of leverage among traders and momentum indicators suggest that bearish momentum is fading, increasing the likelihood of a further recovery in the short term.

Bitcoin Price Forecast: BTC recovers as Donald Trump takes lead on polls

Bitcoin (BTC) slightly recovered to around $68,800 on Tuesday, following a shift in the United States presidential race that saw former President Donald Trump regain the lead, after US spot Bitcoin ETFs experienced an outflow of over $540 million on Monday. Grayscale’s report highlights that cross-asset returns in October reflect trends typically seen in a “Trump trade”. This includes growing positions in the dollar, crypto, and expectations of higher Treasury yields, which gained momentum as Trump’s lead in prediction markets strengthened ahead of the election.