Ethereum’s declining social media sentiment mirrors ranges seen earlier than its 2025 worth rally that pushed the asset to new all-time highs, in accordance with Santiment analyst Brian Quinlivan.
Abstract
- Santiment says ETH sentiment is as bearish because it was earlier than the 2025 worth explosion.
- Ethereum beforehand surged from $1,470 to $4,900 when social pessimism peaked.
- Rising staking and community development recommend the present ETH setup may flip bullish.
The on-chain analytics agency sees the present setup as doubtlessly bullish, just like circumstances that preceded ETH’s surge from $1,470 in April 2025 to $4,900 by August.
“Ethereum is definitely means down, this could argue towards us falling an excessive amount of additional,” Quinlivan mentioned in a YouTube video printed Saturday. “That is type of paying homage to what we noticed earlier than Ethereum went on its main run final yr.”
Ethereum (ETH) at present trades at $3,099, up 0.4% over 24 hours however down 4.5% over 30 days and 4.2% over the previous yr.
August 2025 rally adopted widespread pessimism
Ethereum surged to $4,900 on August 23, 2025, surpassing its earlier 2021 peak after rebounding from yearly lows close to $1,470 in April, in accordance with CoinGecko information.
Quinlivan famous that Ether’s worth “took off simply as folks had been actually beginning to write-off Ethereum.” The sentiment reversal got here as doubts about Ethereum’s aggressive place reached peak ranges on social media platforms.
ETH has since dropped 36% from its all-time excessive following a $19 billion crypto market liquidation occasion on October 10 that triggered a broader market downtrend. The token trades at $3,099, exhibiting 5.5% good points over 14 days.
Quinlivan distinguished present sentiment from early 2025 circumstances. “I wouldn’t say that’s occurring now. Ethereum is type of again to being an anticipated quantity two market cap for lots of people,” he acknowledged. “It’s appropriately ranked as soon as once more.”
Community development rises amid staking curiosity
Quinlivan mentioned he stays bullish on Ethereum’s community development, describing it as “completely going bonkers.” The expansion seemingly stems from rising staking curiosity, which has develop into a scorching matter on social media just lately.
Sentiment within the broader crypto market continues hovering at low ranges, shifting between “Concern” and “Excessive Concern” since early November. The Crypto Concern & Greed Index posted a “Concern” rating of 29 on Sunday.
The setup suggests potential for upside if sentiment follows patterns noticed earlier than the 2025 rally.
