According to Crypto Rover, Ethereum (ETH) has formed a bullish crossover, a technical signal that often precedes significant upward price action. This crossover is seen as a strong indicator by trading analysts, suggesting renewed momentum that could drive ETH back toward the $4,000 level. Traders monitoring moving average crossovers and other key indicators may interpret this as a buying opportunity. The bullish sentiment is attracting increased spot and derivatives trading activity, which could impact the broader crypto market by signaling renewed investor confidence in major altcoins. (Source: Crypto Rover on Twitter, May 17, 2025)