According to Miles Deutscher, Ethereum (ETH) is nearing a significant breakout, with on-chain activity intensifying and signaling new trading opportunities. Deutscher highlights two specific on-chain plays that traders should closely monitor to capitalize on potential volatility and momentum in the ETH market. This focus on on-chain metrics comes as institutional and retail trading volume surges, making timely trade execution critical for market participants (source: Miles Deutscher on Twitter, June 10, 2025).

According to Eric Cryptoman, a prominent analyst, the anticipated return to Ethereum on-chain activity signals a potential significant uptick in transaction volumes and decentralized finance engagement (source: Eric Cryptoman via Twitter, May 27, 2025). For traders, this resurgence could lead to increased volatility and liquidity in ETH and related DeFi tokens, offering multiple entry points for both swing and day trading strategies. Monitoring on-chain metrics and DeFi protocol usage is recommended for identifying early momentum shifts and capitalizing on trending crypto assets.