Ethereum Bearish Sentiment Hits Extreme: Why a Rebound Could Be Next
Ethereum bearish sentiment hits an extreme as ETH holds near $1,850, with analysts watching closely for the next rebound signals.
Ethereum’s crowd sentiment has turned sharply negative for the third time in a month, according to on-chain analytics firm Santiment.
The shift comes as ETH trades near $1,850, a level traders have flagged as a key support zone. Santiment noted that similar sentiment extremes preceded rebounds of 14% and 7% in recent months.
ETF demand for Ethereum has kept building even as public commentary sours. That mix of negative chatter and steady institutional flows has caught the attention of several market watchers this week.
ETH Sentiment Ratio Signals Possible Bottom
Santiment’s positive-to-negative commentary ratio for Ethereum has now flipped bearish across X, Reddit, and Telegram three separate times in the past 30 days.
The firm pointed out that crowd frustration during price weakness has historically lined up with buying opportunities for ETH. Two prior sentiment dips on the same chart led to gains of 14% and 7%, respectively.
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