According to glassnode, there is a significant cluster of investor cost basis levels around $2,800 for ETH. As Ethereum's price nears this critical zone, traders should watch for increased sell-side pressure, as many previously underwater holders may begin to liquidate positions to de-risk near their breakeven point. This dynamic could create short-term resistance and impact trading strategies in the cryptocurrency market. Source: glassnode (May 24, 2025).

According to MilkRoadDaily on Twitter, recent market discussions are focusing on Ethereum founder Vitalik Buterin's attempts to drive $ETH above the critical $3,000 resistance level. Traders are closely watching for any on-chain activity, development news, or public statements from Buterin that could spark bullish momentum. The $3K threshold acts as a key psychological and technical resistance zone, and a confirmed breakout could trigger increased trading volumes and renewed interest in Ethereum derivatives, potentially influencing broader altcoin sentiment. (Source: MilkRoadDaily, Twitter, May 18, 2025)

According to Crypto Rover, once Ethereum (ETH) surpasses the $2,000 resistance level, a significant rally in altcoin markets is anticipated. This analysis highlights a potential bullish momentum for ETH and correlated altcoins, suggesting traders should monitor breakout opportunities and increased trading volumes. Source: Crypto Rover via Twitter (April 30, 2025).

According to Trader Tardigrade on Twitter, a trading setup for Ethereum (ETH) recommends opening a short position at $1804, which is identified as a possible resistance level. The proposed trade targets $1629 with a stop-loss set at $1848, resulting in a favorable 1:4 risk to reward ratio. This setup is designed for traders seeking high-reward opportunities while managing risk, as cited from Trader Tardigrade's tweet dated April 25, 2025.