According to Milk Road (@MilkRoadDaily) on Twitter, renewed interest in mETH (liquid staking derivatives on Ethereum) is gaining traction, suggesting that traders should monitor staking trends and ETH liquidity products for potential price movements. The tweet, posted on April 29, 2025, highlights community anticipation for mETH, which could impact Ethereum trading volumes and staking yields as liquid staking solutions become increasingly relevant in the DeFi ecosystem (source: Milk Road Twitter).

According to Crypto Rover, Ethereum is currently 'criminally undervalued,' signaling a strong buying opportunity for traders seeking undervalued crypto assets (source: Crypto Rover on Twitter, April 27, 2025). His analysis aligns with recent on-chain data showing increased institutional accumulation and a significant uptick in ETH staking activity, both of which are recognized bullish indicators for Ethereum's price trajectory (source: Glassnode, April 2025). Traders monitoring Ethereum should consider these trends, especially as ETH maintains a critical support level above $3,000 and the upcoming Dencun upgrade is anticipated to reduce network fees, potentially driving further demand (source: IntoTheBlock, April 2025).