According to Eric Cryptoman, the recent upward momentum in ETH's price reflects a renewed focus on on-chain fundamentals, which could signal robust trading opportunities in related altcoins such as SYNK (source: Eric Cryptoman on Twitter, May 16, 2025). He highlights SYNK as a top all-in-one ecosystem, noting his continued accumulation over the past year. Trading activity may increase if SYNK follows a trajectory similar to ATOR's previous rally, presenting potential upside for traders seeking emerging DeFi tokens linked to Ethereum's ecosystem.

According to Cas Abbé, Abraxas Capital has purchased 50,000 ETH valued at $112.5 million on Binance and Kraken within the past 24 hours, triggering a 20% daily price surge for Ethereum. This aggressive buying activity led to over $200 million in short liquidations, marking the start of what is being called ETH's most hated rally. Traders should monitor for heightened volatility and potential continuation of the upward momentum, as large-scale liquidations can further fuel price acceleration (Source: Cas Abbé, Twitter, May 9, 2025).