According to @MilkRoadDaily, May 2025 was one of the most bullish months recently, with not only significant upward price action but also impactful headlines fueling market enthusiasm (source: @MilkRoadDaily, June 2, 2025). Key developments included strong Bitcoin and Ethereum rallies, increased institutional adoption, and favorable regulatory news, all contributing to heightened trading volumes and volatility. These factors created multiple entry and exit points for crypto traders, especially as altcoins outperformed and new DeFi projects drew attention. The combination of technical breakouts and positive sentiment provided robust opportunities for active market participants throughout the month.

According to @AltcoinGordon, decentralized exchanges (DEXs) recorded a total trading volume of $474 billion in May 2025, marking the second highest monthly figure on record. This surge reflects increasing user participation and liquidity in decentralized finance (DeFi), indicating strong bullish sentiment and robust on-chain activity. Traders should note that the sustained growth in DEX volume often correlates with heightened volatility and new opportunities across altcoins and DeFi tokens, making active market monitoring essential (source: https://twitter.com/AltcoinGordon/status/1929091825819627995).

According to Lookonchain, May 20 data reveals that 10 Bitcoin ETFs saw a net inflow of 6,387 BTC, equating to $666.72 million, with iShares (Blackrock) leading the charge by adding 2,908 BTC ($303.6 million) to its holdings, now totaling 636,120 BTC ($66.4 billion). Meanwhile, 9 Ethereum ETFs posted a net inflow of 8,404 ETH, worth $20.83 million, with iShares (Blackrock) accounting for 5,449 ETH ($13.5 million). These significant institutional inflows indicate robust demand for both Bitcoin and Ethereum, reinforcing bullish sentiment and potentially driving upward price momentum in the crypto market. (Source: Lookonchain, Twitter May 20, 2025)

According to Milk Road (@MilkRoadDaily), Ethereum ($ETH) has yet to reach a new all-time high as of May 14, 2025. This observation highlights persistent resistance in the ETH price despite recent bullish sentiment in the broader crypto market. For traders, this signals potential for a significant breakout if $ETH can surpass its previous ATH, a key level watched closely for momentum trading strategies. Investors are monitoring on-chain activity and liquidity inflows, as a confirmed breakout above the ATH could trigger increased volatility and attract institutional capital. Source: Twitter (@MilkRoadDaily)

According to Kekalf, The Vawlent (@NFT5lut), references to 'Halves and May' draw attention to the historical correlation between Bitcoin halving events and significant price movements in May, a pattern closely watched by traders for timing entries and exits. Historical data indicates that previous Bitcoin halvings have often led to increased price volatility and trading volumes, especially in the months following the event (source: Glassnode On-chain Analysis, May 2024). Traders are monitoring this May 2025 cycle for potential bullish momentum, with the expectation that post-halving supply reductions could impact Bitcoin and altcoin prices, influencing crypto trading strategies across major exchanges (source: CryptoQuant, April 2024).

According to Lookonchain, on May 1, 2025, ten Bitcoin ETFs experienced a net outflow of 382 BTC, equating to a $36.68 million withdrawal. Fidelity alone saw outflows of 1,462 BTC ($140.57 million), leaving its total holdings at 198,376 BTC ($19.07 billion). On the Ethereum side, nine ETFs recorded a net outflow of 1,648 ETH ($3.03 million), with Grayscale's ETHE seeing the largest single-entity withdrawal of 3,987 ETH ($7.32 million). These outflows suggest potential bearish momentum and reduced institutional demand, which are critical signals for short-term trading strategies. Source: Lookonchain on Twitter.