According to Crypto Rover (@rovercrc), Ethereum ($ETH) continues to exhibit bullish momentum as of May 31, 2025. The analysis highlights strong upward price action and sustained support levels, which are relevant for traders seeking optimal entry points and risk management strategies. The bullish sentiment is supported by recent price movements and volume trends, indicating potential for further gains in the near term. Traders are advised to monitor key resistance and support zones for Ethereum spot and derivatives markets to capitalize on potential price swings (Source: Crypto Rover on Twitter, May 31, 2025).

According to AltcoinGordon on Twitter, BlackRock spot ETFs purchased 3,960 BTC and 3,220 ETH in a single day, marking a significant inflow into both Bitcoin and Ethereum markets (source: @AltcoinGordon, May 16, 2025). This substantial institutional buying highlights growing confidence among traditional finance giants and suggests potential upward momentum for BTC and ETH prices. Traders should monitor spot ETF flows as a key indicator for crypto market direction, as large acquisitions by BlackRock often precede significant price movements and increased volatility.