Ethereum sentiment mirrors levels seen before ‘major run’: Santiment

Ethereum’s declining societal media sentiment is mirroring levels akin to those seen earlier its 2025 terms rally, which yet pushed the plus backmost to its 2021 all-time highs, according to a crypto sentiment analyst.

“Ethereum is really mode down, this would reason against america falling excessively overmuch further,” Santiment expert Brian Quinlivan said successful a video published to YouTube connected Saturday.

“This is benignant of reminiscent of what we saw earlier Ethereum went connected its large tally past year,” Quinlivan said. On August 23, Ether (ETH) surged backmost to its 2021 all-time precocious of $4,878, marking a summation of astir 70% implicit 4 months aft falling to a yearly debased of $1,472 connected April 9, according to CoinMarketCap.

Quinlivan said that Ether’s terms “took disconnected conscionable arsenic radical were truly starting to write-off Ethereum.” 

Ethereum has cemented presumption arsenic “number 2 marketplace cap”

Ether has since dropped 36% from its all-time high, trading astatine $3,089 astatine the clip of publication, pursuing a $19 cardinal crypto marketplace liquidation lawsuit connected Oct. 10, which led to a broader marketplace downtrend.

Ether’s terms is down 4.64% implicit the past 30 days. Source: CoinMarketCap

However, Quinlivan doesn’t spot the marketplace arsenic doubtful astir Ethereum’s upside the mode it was successful aboriginal 2025. “I wouldn’t accidental that is happening now. Ethereum is benignant of backmost to being an expected fig 2 marketplace headdress for a batch of people,” helium said. 

“It’s appropriately ranked erstwhile again,” helium said. Coinbase Asset Management president Anthony Bassili expressed a akin view to Cointelegraph successful November 2025. “There’s a very, precise wide presumption successful the capitalist assemblage successful presumption of the close archetypal portfolio is Bitcoin. The adjacent is Bitcoin, Ethereum,” helium said.

Crypto marketplace sentiment stays successful “Fear” territory

Quinlivan said helium is bullish connected Ethereum’s web growth, describing it arsenic “absolutely going bonkers.” He said it’s apt owed to increasing involvement successful staking, which has been a blistery taxable connected societal media successful caller times.

It comes arsenic sentiment successful the broader crypto marketplace continues to hover astatine debased levels, moving betwixt “Fear” and “Extreme Fear” since aboriginal November. On Sunday, the Index posted a “Fear” people of 29.

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Market participants are inactive successful risk-off mode distant from assets extracurricular Bitcoin (BTC), according to the Altcoin Season Index, which presently shows a “Bitcoin Season” people of 34 retired of 100.

The scale flicks betwixt “Bitcoin Season” and “Altcoin Season” scores based connected the show of the apical 100 altcoins comparative to Bitcoin implicit the past 90 days.

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