According to AltcoinGordon, the cryptocurrency market is showing notable strength, with a visible uptrend across major altcoins and Bitcoin maintaining key support levels (source: @AltcoinGordon, May 11, 2025). Trading volume has increased over the past 24 hours, indicating renewed trader interest. Technical indicators such as the Relative Strength Index (RSI) for Ethereum and Solana suggest bullish momentum, while Bitcoin’s consolidation above $65,000 signals potential for further upside. These patterns highlight strong near-term trading opportunities for both long and short-term crypto investors.

According to Glassnode, Ethereum's supply mapping reveals distinct trading patterns compared to Bitcoin. Although there's no significant increase in First or Momentum Buyers, Conviction Buyers have been actively participating since late March, with the RSI holding steady at 80. Meanwhile, the RSI for Loss Sellers peaked on April 16 and has since been declining, now below 50.