According to Crypto Rover, Ethereum (ETH) is poised to outmaneuver bearish sentiment and initiate a significant price rebound, suggesting that current bearish positions may soon be invalidated (source: Crypto Rover on Twitter, June 16, 2025). For traders, this implies that short positions could face liquidation risks if ETH reverses upward, and the market may provide bullish trading setups. Monitoring support and resistance levels, as well as momentum indicators, is crucial for timing entry and exit points in the upcoming move.

According to glassnode, Ethereum's Hot Capital metric has surged from a low of $2.60B on April 17 to $4.34B as of April 28, reaching its highest level since March 26. This sharp rebound indicates renewed trader interest and increased liquidity in the ETH market, which can signal heightened volatility and potential for significant price action. Traders should monitor these inflows and watch for resistance and support levels, as the spike in Hot Capital often precedes large market moves (source: glassnode, April 29, 2025).