According to Michaël van de Poppe (@CryptoMichNL), the current monthly candle for Ethereum (ETH) does not indicate bearish sentiment, suggesting underlying bullish momentum. This technical insight is critical for traders assessing ETH price action, as a non-bearish monthly close could support continued accumulation and upward movement in the near term. Traders should monitor volume and resistance levels, as reinforced positive momentum in major altcoins like ETH often impacts broader crypto market sentiment and trading strategies. Source: Twitter/@CryptoMichNL, May 28, 2025.

According to Material Indicators (@MI_Algos), Brown Mega Whales strategically market buy when there are blocks of ask liquidity to avoid slippage. This behavior suggests that if BTC bulls can overcome these liquidity blocks, there is potential to achieve a green Monthly candle close. The target of $84,321 is ambitious but could be attainable with sufficient buy pressure.

According to CrypNuevo, the next monthly candle for Bitcoin is expected to make a new low. It is highly probable that March's candle will sweep the lows made in February's candle. This movement could completely fill the CME gap and potentially retest the 1W50EMA, from which a bounce might occur. This analysis highlights key trading levels and potential market movements for traders to consider.