According to Crypto Rover, most Ethereum (ETH) holders have capitulated, indicating a significant washout of weak hands and a potential setup for a bullish reversal. This sentiment is based on observed on-chain activity and recent sell-offs, suggesting that remaining holders are likely long-term investors with higher conviction (source: Crypto Rover, Twitter, May 10, 2025). For active crypto traders, such periods of capitulation historically precede strong upward price movements in ETH, increasing the probability of trend reversals and presenting potential buy opportunities. Monitoring ETH on-chain metrics and open interest levels can help identify timing for entry points, as capitulation often marks local bottoms in crypto markets.