Data shows sentiment around Bitcoin and Ethereum has plummeted on social media, but XRP and other altcoins are just observing apathy. Social Media Traders Have Turned Bearish On Bitcoin & Ethereum In a new insight post, on-chain analytics firm Santiment has talked about how sentiment around cryptocurrencies has changed on social media following the latest market crash. The indicator of relevance here is the “Positive/Negative Sentiment,” which tells us how bullish sentiment compares against the bearish one on the major social media platforms. Related Reading: Altcoin Winter Here? Ethereum, Solana Activity Plunges The metric works by going through social media posts/messages/threads to separate them into positive and negative using a machine-learning model. Once the posts have been divided, it counts up the number in each category and takes the ratio between them. First, here is a chart that shows the trend in the Positive/Negative Sentiment for Bitcoin over the last few months: As shown in the graph above, Bitcoin Positive/Negative Sentiment has recently plunged, suggesting bearish sentiment has risen on social media platforms. The current value of the indicator is the third lowest for the past six months. Interestingly, the two instances with lower levels coincided with local bottoms for the cryptocurrency. This pattern of the asset going against the crowd opinion has actually been witnessed regularly throughout its history. Considering this, the shift to a negative sentiment on social media may turn out to be a bullish signal for the BTC price. Bitcoin isn’t the only cryptocurrency that’s witnessing a surge in bearish sentiment right now. As Santiment has pointed out, Ethereum has also seen a similar trend in the Positive/Negative Sentiment. In fact, the negative comments have been even more intense for Ethereum, as the current value is the second lowest for the last six months. “Only the flash crash back on October 10th, when Trump temporarily threatened 100% tariffs on China, saw a higher level of bearish vs. bullish comments,” noted the analytics firm. Interestingly, while Bitcoin and Ethereum have seen this development, most other assets in the sector are showing a different trend. Below is a chart that shows how the Positive/Negative Sentiment currently looks for XRP, the coin ranked fourth by market cap. From the graph, it’s apparent that the indicator is sitting at a neutral level for XRP, implying social media users aren’t leaning one way or the other, despite the volatility. Related Reading: CryptoQuant Head Reveals Reason Behind Bearish Bitcoin Trend “Unlike the top two marketcaps in crypto, XRP is showing what most other altcoins are showing… a surprising level of disinterest,” said Santiment. “It’s clear that most of retail has shifted their focus to just talking about BTC (and ETH, to a slightly lesser extent).” BTC Price At the time of writing, Bitcoin is trading around $102,600, down more than 9% over the last week. The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView Featured image from Dall-E, Santiment.net, chart from TradingView.com
Data shows Ethereum sentiment on social media doesn’t lean too bullish right now, something that could pave the way for a continuation in the asset’s rally. Ethereum Positive/Negative Sentiment Still At Muted Levels In a new post on X, analytics firm Santiment has talked about the sentiment around Ethereum that’s present among social media users. The indicator shared by Santiment is the “Positive/Negative Sentiment,” which tells us how the positive and negative comments related to ETH compare against each other on the major social media platforms. Related Reading: XRP To $12? Analyst Reveals Bold Target From Multi-Year Pattern The metric separates between the two types of comments by putting users’ posts/threads/messages through a machine-learning model. Once they have been divided, it counts up the number of each and takes the ratio between them. Below is the chart shared by the analytics firm that shows the trend in the Ethereum Positive/Negative Sentiment over the last few months: As displayed in the graph, the Ethereum Positive/Negative Sentiment interestingly witnessed a plunge as the asset’s breakout earlier in the month took place. This would suggest that social media users weren’t convinced by the rally. The continuation in the run since then has meant that the sentiment has improved a bit, but it still remains much lower than the high from last month. Thus, it seems retail is in disbelief, despite the fact that the cryptocurrency is nearing its all-time high (ATH). If the past is anything to go by, this fact could actually be a positive signal for ETH. “Prices historically movein the opposite direction of retail traders’ expectations,” says Santiment. The analytics firm has highlighted in the chart some instances of this trend in action. It would appear that FOMO spikes led to price drops for the asset, while excessive FUD resulted in price rises. “With key stakeholders accumulating loose coins that small ETH traders are willing to part with right now, prices are showing very little sentiment resistance from breaking through and making history in the near future,” explains Santiment. Related Reading: Bitcoin Retraces Below $120,000: Is Coinbase Selling To Blame? In some other news, the Ethereum Futures Open Interest has shot up alongside the price surge, as analytics firm Glassnode has pointed out in an X post. The Futures Open Interest measures, as its name suggests, the total amount of futures-related positions that are currently open on all centralized derivatives exchanges. From the chart, it’s visible that the metric has climbed beyond the $35.5 billion mark, which is a new record. ETH Price Following a rally of over 7% in the last 24 hours, Ethereum has reached the $4,730 mark, now sitting within touching distance of the ATH. Featured image from Dall-E, Glassnode.com, Santiment.net, chart from TradnigView.com
Ethereum faced intense selling pressure earlier today as geopolitical tensions flared following Israel’s attack on Iran, shaking global markets and triggering risk-off behavior across crypto. The sudden spike in volatility pushed Ethereum away from its recent highs, as it retraced after failing to break above the critical $3,000 resistance level. This marks a pivotal moment for ETH, which had shown strong momentum in recent sessions before being hit by the broader market downturn. Related Reading: Ethereum Repeats History – Key Support Holds Again Ahead Of Potential Rally Despite the sharp correction, top analyst Quinten Francois remains optimistic. He pointed to the ETH/BTC pair, which continues to look strong relative to other assets. According to Francois, this pair is currently testing the support line of an ascending triangle—a pattern that often precedes a breakout to the upside if support holds. With Bitcoin holding near its range highs, Ethereum’s performance against BTC could serve as a leading indicator for the broader altcoin market. Now, Ethereum stands at a crossroads. A bounce from current levels could renew bullish momentum and re-establish the $2,800–$3,000 range as the launchpad for higher prices. But failure to hold support may trigger another wave of downside pressure. All eyes are on ETH/BTC as markets brace for what comes next. Ethereum Holds Key Level Against BTC Ethereum has been leading the crypto market with impressive strength since April, posting a remarkable surge of over 100% from its lows near $1,400. This steep recovery highlights Ethereum’s growing momentum, positioning it as a potential frontrunner in triggering the next altseason. The asset’s consistent performance above key support levels and its resilience during market dips have renewed bullish sentiment, with traders increasingly focusing on ETH as the key asset to watch. Many analysts believe Ethereum could be the spark that reignites capital rotation into altcoins. Its breakout from a month-long range, combined with increasing DeFi activity and improving on-chain metrics, has added to the bullish case. However, caution remains. Ongoing geopolitical tensions—particularly the recent escalation between Israel and Iran—are injecting volatility into global markets, including crypto. These developments have disrupted otherwise promising technical setups across the board, leading to uncertainty and risk-off sentiment. Quinten Francois commented on the current climate, noting that “some charts don’t look good, others are holding on by a thread.” However, he singled out the ETH/BTC pair as a relative strength signal, stating that it “still looks good.” This pair is currently testing the support line of an ascending triangle—a structure that, if defended, could pave the way for a continuation of ETH’s dominance over Bitcoin. In this environment, Ethereum’s performance—especially relative to BTC—could determine the broader market’s next phase. If ETH/BTC holds and breaks higher, the door opens for a full altseason run. But a failure to hold could reinforce caution and signal a pause across the crypto market. For now, Ethereum remains the most important chart to watch. Related Reading: Ethereum Tests Previous Resistance As Support – Can Bulls Defend This Level? ETH Faces Sharp Rejection After Tagging Range Highs Ethereum is facing a crucial technical test after a strong rejection near the $2,830 resistance level. The chart shows ETH failing to hold above the highlighted supply zone between $2,700 and $2,830, where sellers stepped in aggressively. This resulted in a sharp breakdown that sliced through the 50, 100, and 200 simple moving averages (SMAs) on the 4-hour timeframe, now positioning ETH around $2,512. What’s more concerning is the spike in volume during the breakdown. This confirms the strength behind the move, signaling panic among bulls and potential distribution by short-term holders. ETH is now holding just above a previous support zone from early June, but the current setup suggests uncertainty and risk of further downside. Related Reading: Ethereum Price Tests Ascending Channel Resistance – Breakout Or Breakdown? Unless Ethereum can reclaim the $2,600–$2,620 area soon, the next likely target could be the $2,400 level, where the next strong demand cluster sits. However, if bulls defend current prices and manage a quick recovery back above the SMAs, this recent move could be interpreted as a liquidity sweep before continuation. Featured image from Dall-E, chart from TradingView
Sentiment for Ethereum (ETH) has reached its lowest levels in a year as the second-largest crypto by market capitalization struggles to reclaim the $4,000 mark. Despite investors’ sentiment, some analysts suggest that the King of altcoins is about to kickstart its bullish run to new highs. Related Reading: Bitcoin Could Peak Between $160,000 And $290,000 If These Historical Patterns Repeat – Report Ethereum Sentiment Drops To Yearly Low According to crypto analyst Ali Martinez, Ethereum social sentiment has hit a one-year low amid its struggle to turn the $4,000 resistance into support. Per the post, this metric reached its most negative levels since December 18, 2023, when ETH was trading around $2,100-$2,200. The analyst pointed out that this is a “classic bullish indicator,” noting that when sentiment hit “rock bottom” a year ago, ETH’s price rallied around 30% in the following weeks. The cryptocurrency climbed to the $2,700 mark by January 12, a key level in ETH’s rally to the March high of $4,093. If Ethereum followed the same pattern, the cryptocurrency could see a jump to the $4,900-$5,000 price range in the next month, potentially turning the next big resistance level into support in the following two weeks. Martinez explained that the crypto’s rally will resume once ETH clears the $4,100 resistance, a level not seen since December 2021. Once this level is recovered, “$6,000 will become a magnet.” After breaking past the $4,000 mark this month, the second-largest crypto has struggled to turn this level into support. Its latest breakout attempt occurred at the start of the week when Bitcoin (BTC) surpassed its previous ATH. While BTC traded above the $107,000 range, Ethereum surged to $4,100 but quickly retraced to $3,900 before seeing a correction to the $3,800 level. Despite the pullback, ETH still registers gains in the weekly and monthly timeframes, recording a 2.3% and 22.6% increase, respectively. Will ETH Break Past $4,000 This Month? Altcoin Sherpa highlighted that ETH is “roughly at the same spot that BTC was at around 70K,” adding that it hasn’t “materially broken this level for years.” In the last three years, ETH has been rejected from the $4,000 level several times but ran to its all-time high (ATH) when it was held in 2021. If it were to mirror Bitcoin’s performance, the cryptocurrency could see a run to its $4,800 ATH before aiming for its first price discovery target of around $5,000. The analyst also noted that December and January are the “best times” for the Altcoin market’s performance. Similarly, Benjamin Cowen previously highlighted that ETH’s pair against BTC is “still following a familiar pattern” where Ethereum historically finds “renewed strength” between December and January. Related Reading: PNUT Memecoin Drops 10% Following Peanut’s Owner Legal Warning To Binance Nonetheless, Sherpa forecasted that the ETH/BTC pair would likely see one “final shakeout” before going “up for a few weeks/months.” To achieve this, the token must break past its recent 0.041 high. Trader and analyst Skew warned that breaking past the $4,000 resistance will take “even more buying pressure” as this price has “some massive seller continuously topping up supply.” Lastly, he stated that holding the $3,800 level was key to continuing the rally. As of this writing, ETH is trading at $3,874, a 2% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com