Is it Time for Ethereum Price to Bounce Again?

Ethereum price is up 1.22% on Tuesday, November 5, but will it continue to bounce here or crash lower? The upcoming US elections will play a pivotal role in adding volatility to the markets, but the short-term outlook remains uncertain. Regardless, let’s explore if ETH has formed a bottom and will bounce or slide lower, continuing its lackluster performance in 2024.