According to Santiment (@santimentfeed) and @ThinkingCrypto1, Bitcoin's recent historic price rebound and Ethereum's strong recovery are being driven by significant on-chain whale accumulation and rising social sentiment. The latest video presents concrete data showing large wallet addresses accumulating Bitcoin during price pullbacks, which has supported the bullish momentum (source: Santiment, May 9, 2025). Additionally, Ethereum's renewed network activity and increased DeFi engagement are fueling its rise. The analysis also highlights a renewed surge in meme coin trading volume, with on-chain metrics indicating increased retail participation. These trends point to heightened volatility and trading opportunities across the crypto market, especially as whale behavior and meme coin activity often foreshadow major price swings.

According to Lookonchain, Bitcoin has reclaimed the $100,000 level while Ethereum returned to $2,000, marking significant milestones for major cryptocurrencies. A noted whale investor, who holds long positions in both BTC and ETH, is now sitting on an unrealized profit exceeding $2.8 million. This sharp price movement indicates enhanced market momentum and renewed bullish sentiment, which could attract more institutional traders and retail investors to crypto markets. The whale's trading activity underscores the importance of monitoring large holders as their actions can impact liquidity and volatility. These developments are critical for traders seeking to capitalize on price swings and anticipate potential trend reversals in the cryptocurrency market (Source: Lookonchain via Twitter, May 8, 2025).

According to Matt Hougan, Ethereum has recognized its recent market challenges and has taken steps to halt further decline, marking a pivotal moment for traders. While the asset has stabilized, traders should closely monitor Ethereum’s recovery strategies and on-chain metrics for potential breakout signals, as the path to full recovery remains uncertain (source: Matt Hougan, Twitter, April 30, 2025).