Ethereum and XRP sentiment hit historic lows—could fear spark a rally?
Santiment reports Ethereum’s bullish‑to‑bearish comment ratio fell to 0.89, its lowest since June 7.
XRP’s ratio slipped to 0.67, the weakest level since August 17.
A ratio below 1.0 indicates bearish comments outnumber bullish ones, highlighting deepening negative sentiment.
Over the past week Ethereum whales accumulated 60,000 units, roughly $162 million in value.
Arthur Hayes projects ETH reaching $10,000 by year‑end, citing scale and security rather than short‑term momentum.
XRP saw daily exchange outflows exceeding 320 million tokens, with Binance leading the withdrawals; a similar August outflow preceded a 42% price jump.
Santiment adds that heavy pessimism can sometimes create a potential opportunity for contrarian traders, as fear returns while some market signals stay healthy.
Do you see the current fear in Ethereum and XRP as a setup for a rebound?
#Ethereum #XRP #Crypto #MarketSentiment #Blockchain
Santiment reports Ethereum’s bullish‑to‑bearish comment ratio fell to 0.89, its lowest since June 7.
XRP’s ratio slipped to 0.67, the weakest level since August 17.
A ratio below 1.0 indicates bearish comments outnumber bullish ones, highlighting deepening negative sentiment.
Over the past week Ethereum whales accumulated 60,000 units, roughly $162 million in value.
Arthur Hayes projects ETH reaching $10,000 by year‑end, citing scale and security rather than short‑term momentum.
XRP saw daily exchange outflows exceeding 320 million tokens, with Binance leading the withdrawals; a similar August outflow preceded a 42% price jump.
Santiment adds that heavy pessimism can sometimes create a potential opportunity for contrarian traders, as fear returns while some market signals stay healthy.
Do you see the current fear in Ethereum and XRP as a setup for a rebound?
#Ethereum #XRP #Crypto #MarketSentiment #Blockchain