According to @AltcoinGordon, more than 300,000 ETH have left centralized exchanges in the past month, which is a significant decrease in liquid supply (source: Twitter, May 17, 2025). Historically, such large-scale outflows are interpreted as investors moving assets to self-custody, often in anticipation of price appreciation. This trend reduces sell-side pressure and increases scarcity, which can trigger rapid price movements or 'GOD Candles' in the Ethereum market. Traders should monitor on-chain data for continued outflows as this could indicate strong bullish momentum for ETH, potentially influencing the broader crypto market.

According to Michaël van de Poppe (@CryptoMichNL), Ethereum ($ETH) has experienced its largest weekly upward move in a significant period, indicating renewed bullish momentum. Traders are advised to consider buying during corrections and dips, as this pattern often signals accumulation phases and potential continuation of the uptrend. This development may attract increased trading volume and heightened volatility across the crypto market, particularly for Ethereum trading pairs. Source: @CryptoMichNL on Twitter, May 11, 2025.

According to Crypto Rover, selling pressure on Ethereum (ETH) appears to be exhausted, indicating a potential bullish reversal and an imminent upward price movement. This analysis is based on observed on-chain data and recent trading volume trends, which show a significant decrease in sell orders and increased stability in the ETH price, suggesting that buyers may soon take control (source: Crypto Rover, Twitter, April 29, 2025). Traders should monitor Ethereum's support levels closely and watch for a breakout above recent resistance to confirm momentum for further gains.