According to Cas Abbé on Twitter, Ethereum (ETH) must maintain the $2,500 support level to sustain its upward momentum. In March, the $2.5K level served as a major resistance, causing the price to fall to new lows. However, current trading conditions have improved, with two significant bullish catalysts: recent trade deals announced between the US and China, and visible weakness in Bitcoin (BTC) dominance. These factors could support ETH's price stability and potential for gains, as traders monitor the $2.5K level for confirmation of a bullish trend continuation. Source: Cas Abbé (@cas_abbe) on Twitter, May 12, 2025.

According to Miles Deutscher, the recent crypto summit failed to meet expectations, leaving the market in search of new bullish catalysts. Deutscher suggests that the crypto market may be at a crossroads, with all previous bullish drivers seemingly exhausted. He invites viewers to explore his analysis on potential future directions for the crypto market in his latest video.

According to Cas Abbé, tokens such as $ATOM, $DOT, $NEO, and $KSM have consistently underperformed compared to Bitcoin over an extended timeframe. The absence of bullish catalysts and minimal discussion surrounding these tokens indicate limited trading interest. Additionally, inactive development teams and diminishing community engagement further contribute to their stagnant performance, making them less attractive for traders.