According to Milk Road (@MilkRoadDaily), many traders are focusing on the wrong charts, suggesting that on-chain activity, such as wallet growth and transaction volume, provides more actionable trading signals than traditional price charts (source: themilkroad.beehiiv.com, June 7, 2025). The report highlights that recent surges in new wallet addresses and increased on-chain transactions have historically preceded major moves in Bitcoin and Ethereum prices. This shift in focus can guide traders toward early trend identification and more strategic entry and exit points in the crypto market.