Ethereum’s declining social media sentiment mirrors ranges seen earlier than its 2025 worth rally that pushed the asset to new all-time highs, based on 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 progress counsel the present ETH setup may flip bullish.
The on-chain analytics agency sees the present setup as doubtlessly bullish, much like circumstances that preceded ETH’s surge from $1,470 in April 2025 to $4,900 by August.
“Ethereum is definitely manner down, this is able to argue in opposition to 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 12 months.”
Ethereum (ETH) at the moment trades at $3,099, up 0.4% over 24 hours however down 4.5% over 30 days and 4.2% over the previous 12 months.
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, based on CoinGecko knowledge.
Quinlivan famous that Ether’s worth “took off simply as folks have 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% positive factors over 14 days.
Quinlivan distinguished present sentiment from early 2025 circumstances. “I wouldn’t say that’s taking place 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 progress rises amid staking curiosity
Quinlivan mentioned he stays bullish on Ethereum’s community progress, describing it as “completely going bonkers.” The expansion seemingly stems from rising staking curiosity, which has grow to be a scorching subject on social media not too long ago.
Sentiment within the broader crypto market continues hovering at low ranges, transferring between “Worry” and “Excessive Worry” since early November. The Crypto Worry & Greed Index posted a “Worry” rating of 29 on Sunday.
The setup suggests potential for upside if sentiment follows patterns noticed earlier than the 2025 rally.
