According to Eric Cryptoman, Ethereum ($ETH) is approaching the significant $3,000 price level, which is a psychological and technical resistance for traders (source: Twitter - Eric Cryptoman, May 28, 2025). This level has historically acted as a pivot for increased trading volume and volatility, drawing attention from both retail and institutional traders. Current market conditions suggest heightened liquidity near this threshold, making breakout or rejection scenarios important for short-term crypto trading strategies. Monitoring order book depth and on-chain activity around the $3,000 mark is crucial for managing risk and identifying momentum-driven opportunities.

According to Crypto Rover, ongoing U.S.-China trade talks could serve as a pivotal catalyst for cryptocurrency markets, with the potential for Bitcoin to reach new all-time highs and Ethereum aiming for the $3,000 level if a deal is reached (source: Crypto Rover, Twitter, May 11, 2025). Traders should closely monitor negotiations, as positive outcomes historically lead to increased risk appetite and capital inflows into digital assets. The evolving macroeconomic conditions and trade policy developments are likely to drive short-term volatility and present significant trading opportunities for both Bitcoin and Ethereum.