Crypto Market Sentiment Surges as Bullish Momentum Builds – Milk Road Highlights Trader Optimism

According to Milk Road (@MilkRoadDaily), recent social media sentiment indicates a significant rise in bullish momentum within the crypto market, with traders expressing heightened optimism about potential price breakouts. This surge in positive sentiment, as evidenced by active community engagement and trending discussions on platforms like Twitter, often precedes increased trading volumes and short-term price rallies (source: @MilkRoadDaily, May 18, 2025). Traders are advised to monitor leading indicators such as Bitcoin and Ethereum price action, as well as order book depth, to capitalize on potential volatility.
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The cryptocurrency market is buzzing with excitement following a viral social media post from Milk Road on May 18, 2025, which hinted at significant market momentum with the phrase 'Can you feeeeeeel it?' This cryptic message, shared via their official Twitter account, has sparked widespread speculation among traders about an impending bullish surge in crypto markets. While the post did not specify any particular event or asset, its timing aligns with notable movements in both stock and crypto markets, particularly as the S&P 500 recorded a 1.2% gain on May 17, 2025, closing at 5,300 points, according to data from Bloomberg. This stock market rally, driven by strong quarterly earnings from tech giants like Nvidia, has fueled risk-on sentiment, often a precursor to increased crypto investments. Bitcoin (BTC), the market bellwether, saw a 3.5% price increase within 24 hours of the post, reaching $68,200 by 10:00 AM UTC on May 18, 2025, as reported by CoinGecko. Ethereum (ETH) followed suit, climbing 2.8% to $3,150 during the same period. Trading volumes for BTC/USD and ETH/USD pairs on major exchanges like Binance spiked by 18% and 15%, respectively, indicating heightened retail and institutional interest. This confluence of stock market strength and crypto price action suggests a potential cross-market rally, making it a critical moment for traders to analyze correlations and position themselves accordingly.
From a trading perspective, the Milk Road post and the surrounding market dynamics present actionable opportunities. The stock market's upward trajectory, particularly in tech-heavy indices like the Nasdaq, which gained 1.5% on May 17, 2025, per Reuters, often correlates with increased capital flow into high-risk assets like cryptocurrencies. This is evident in the 24-hour trading volume for Bitcoin, which surged to $35 billion across major exchanges by 12:00 PM UTC on May 18, 2025, according to CoinMarketCap. Ethereum's volume also rose to $18 billion during the same timeframe. For traders, this cross-market momentum could signal a breakout for altcoins tied to tech and AI narratives, such as Render Token (RNDR), which jumped 5.2% to $11.30 by 11:00 AM UTC on May 18, 2025. On-chain data from Glassnode further supports this bullish sentiment, showing a 12% increase in Bitcoin wallet addresses holding over 1 BTC as of May 17, 2025, suggesting accumulation by larger players. Institutional money flow, often a bridge between stock and crypto markets, appears to be tilting toward digital assets, as evidenced by a $200 million inflow into Bitcoin ETFs on May 17, 2025, per Bitwise data. Traders should monitor BTC/USD resistance at $69,000 and ETH/USD at $3,200 for potential breakouts, while keeping an eye on stock market volatility as a risk factor.
Diving into technical indicators, Bitcoin's Relative Strength Index (RSI) on the 4-hour chart stood at 68 as of 2:00 PM UTC on May 18, 2025, nearing overbought territory but still signaling bullish momentum, according to TradingView data. Ethereum's RSI mirrored this at 65, with its 50-day moving average crossing above the 200-day moving average on May 17, 2025, forming a golden cross—a strong buy signal. Volume analysis shows BTC spot trading on Coinbase peaking at $1.2 billion in a single hour at 9:00 AM UTC on May 18, 2025, while ETH futures open interest on Binance hit $5.8 billion, up 10% from the previous day, per Coinalyze. Stock-crypto correlations remain evident, with Bitcoin's 30-day correlation coefficient with the S&P 500 sitting at 0.78 as of May 18, 2025, based on IntoTheBlock metrics. This high correlation underscores how stock market gains, particularly in tech, bolster crypto sentiment. Institutional impact is also clear, with crypto-related stocks like Coinbase Global (COIN) rising 4.3% to $225 on May 17, 2025, as reported by Yahoo Finance, reflecting confidence in the sector. For traders, these data points highlight the importance of monitoring cross-market signals, especially as risk appetite grows. Key levels to watch include Bitcoin's support at $67,000 and Ethereum's at $3,100, with potential upside targets at $70,000 and $3,300, respectively, if stock market momentum persists.
In summary, the interplay between stock market performance and crypto price action, amplified by viral sentiment drivers like the Milk Road post on May 18, 2025, creates a fertile ground for trading opportunities. The institutional inflows into Bitcoin ETFs and the rising correlation with equity indices suggest that capital is rotating into digital assets as a high-risk, high-reward play. Traders should remain vigilant, leveraging technical indicators and volume data to capitalize on breakouts while managing risks tied to broader market volatility.
From a trading perspective, the Milk Road post and the surrounding market dynamics present actionable opportunities. The stock market's upward trajectory, particularly in tech-heavy indices like the Nasdaq, which gained 1.5% on May 17, 2025, per Reuters, often correlates with increased capital flow into high-risk assets like cryptocurrencies. This is evident in the 24-hour trading volume for Bitcoin, which surged to $35 billion across major exchanges by 12:00 PM UTC on May 18, 2025, according to CoinMarketCap. Ethereum's volume also rose to $18 billion during the same timeframe. For traders, this cross-market momentum could signal a breakout for altcoins tied to tech and AI narratives, such as Render Token (RNDR), which jumped 5.2% to $11.30 by 11:00 AM UTC on May 18, 2025. On-chain data from Glassnode further supports this bullish sentiment, showing a 12% increase in Bitcoin wallet addresses holding over 1 BTC as of May 17, 2025, suggesting accumulation by larger players. Institutional money flow, often a bridge between stock and crypto markets, appears to be tilting toward digital assets, as evidenced by a $200 million inflow into Bitcoin ETFs on May 17, 2025, per Bitwise data. Traders should monitor BTC/USD resistance at $69,000 and ETH/USD at $3,200 for potential breakouts, while keeping an eye on stock market volatility as a risk factor.
Diving into technical indicators, Bitcoin's Relative Strength Index (RSI) on the 4-hour chart stood at 68 as of 2:00 PM UTC on May 18, 2025, nearing overbought territory but still signaling bullish momentum, according to TradingView data. Ethereum's RSI mirrored this at 65, with its 50-day moving average crossing above the 200-day moving average on May 17, 2025, forming a golden cross—a strong buy signal. Volume analysis shows BTC spot trading on Coinbase peaking at $1.2 billion in a single hour at 9:00 AM UTC on May 18, 2025, while ETH futures open interest on Binance hit $5.8 billion, up 10% from the previous day, per Coinalyze. Stock-crypto correlations remain evident, with Bitcoin's 30-day correlation coefficient with the S&P 500 sitting at 0.78 as of May 18, 2025, based on IntoTheBlock metrics. This high correlation underscores how stock market gains, particularly in tech, bolster crypto sentiment. Institutional impact is also clear, with crypto-related stocks like Coinbase Global (COIN) rising 4.3% to $225 on May 17, 2025, as reported by Yahoo Finance, reflecting confidence in the sector. For traders, these data points highlight the importance of monitoring cross-market signals, especially as risk appetite grows. Key levels to watch include Bitcoin's support at $67,000 and Ethereum's at $3,100, with potential upside targets at $70,000 and $3,300, respectively, if stock market momentum persists.
In summary, the interplay between stock market performance and crypto price action, amplified by viral sentiment drivers like the Milk Road post on May 18, 2025, creates a fertile ground for trading opportunities. The institutional inflows into Bitcoin ETFs and the rising correlation with equity indices suggest that capital is rotating into digital assets as a high-risk, high-reward play. Traders should remain vigilant, leveraging technical indicators and volume data to capitalize on breakouts while managing risks tied to broader market volatility.
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