According to Milk Road (@MilkRoadDaily), in a recent discussion with Byron Gilliam, the crypto market's current landscape and the outlook for the coming week were analyzed, focusing on trading volumes, Bitcoin price resistance near $70,000, and Ethereum's relative outperformance amid continued institutional inflows (source: x.com/i/broadcasts/1…). Gilliam highlighted the impact of recent macroeconomic data on digital asset volatility and advised traders to monitor upcoming U.S. inflation reports and regulatory updates, as these events are likely to drive short-term market momentum. Strategic attention to altcoin rotation and liquidity flows was emphasized for active traders looking to capitalize on market shifts.

According to Crypto Rover, BlackRock has purchased $17.6 million worth of Ethereum, signaling a highly bullish outlook for ETH. This significant institutional investment highlights growing confidence among major asset managers in Ethereum's long-term value and could drive increased trading volume and price action in the crypto market. Traders are watching for potential upward momentum in ETH as institutional inflows historically correlate with positive price movements (Source: Crypto Rover via Twitter, May 10, 2025).