According to Crypto Rover, Bitcoin is entering what he describes as the 'last leg higher,' suggesting a potential final bullish move in the current cycle (source: @rovercrc, Twitter, May 8, 2025). Traders should closely monitor resistance levels and volume trends as this phase could present both significant profit-taking opportunities and increased volatility. This analysis is particularly relevant for short-term and swing traders looking for optimal entry and exit points during heightened market activity.

According to Michaël van de Poppe, Chainlink has commenced a new bullish cycle, characterized by higher highs and higher lows, indicating a potential continuation of its upward trajectory. This trend confirmation is crucial for traders looking to capitalize on the momentum. Source: Michaël van de Poppe's Twitter.