$ETH The interaction between $ETH, Trump, and China creates a complex geopolitical and technical scenario for the crypto market. Ethereum ($ETH), as the leading smart contract platform, has been demonstrating resilience even under volatility driven by political tensions. The protectionist stances attributed to former President Trump, especially related to trade tariffs against China, have historically generated risk aversion in traditional markets, while paradoxically strengthening the narrative of Bitcoin and, by extension, Ethereum as alternative hedge assets.

Currently, U.S. monetary and trade policy towards China directly influences global liquidity. Any escalation of tariffs or retaliations could pressure emerging markets while simultaneously encouraging the search for decentralized digital assets. On the technical side, $ETH maintains relevant support in the range of $2,800 to $2,900, but the continuation of the positive bias depends on macroeconomic stability and institutional buying strength. Political volatility, therefore, remains a critical variable for the next directional move of $ETH.