According to @glassnode, Ethereum (ETH) cost basis bands above spot are distributed evenly between $2,760 and $3,420, with each $50 increment containing 200,000 to 400,000 ETH. The analysis shows no dominant resistance until the $3,417 level, where 607,950 ETH are concentrated, suggesting that traders may encounter significant sell pressure at this price point. This structure signals a relatively clear path for ETH/USD up to this resistance, which could influence short-term price action and trading strategies. Source: @glassnode.

According to Santiment, Bitcoin has encountered resistance in the $104K to $105K range over the past week, causing a shift toward bearish sentiment among swing traders. This behavioral change is significant for trading strategies, as markets often move contrary to prevailing trader expectations. Close monitoring of resistance and support levels is recommended for active traders, especially considering the potential for rapid sentiment reversals to trigger volatility in the crypto market (Source: Santiment, Twitter, May 15, 2025).

According to Crypto Rover, Ethereum ($ETH) has re-entered its established trading range with $4,000 acting as the range high, suggesting this price level is a significant magnet for price action (source: Crypto Rover on Twitter, May 15, 2025). Traders should monitor the $4,000 resistance closely, as sustained momentum could drive short-term volatility and liquidity sweeps around this level. The concentration of trading activity near $4,000 increases the probability of breakout or rejection scenarios, making it a critical level for both short-term and swing traders in the crypto market.