Social media chatter reveals retail merchants are in disbelief about Ether’s latest rally and are promoting off their holdings to be scooped up by massive crypto patrons, says the crypto sentiment-tracking platform Santiment.
“Traders have proven FUD [fear, uncertainty and doubt] and disbelief because the asset makes increased and better costs,” Santiment mentioned in an X publish on Tuesday, displaying that bearish social media commentary on Ether (ETH) outweighs bullish remarks.
Ether displaying “little or no sentiment resistance”
Santiment defined that costs typically transfer in the other way to retail merchants’ expectations. When too many merchants flip overly bullish, it might probably sign greed available in the market, which has traditionally been adopted by sharp sell-offs.
“There was an occasion of maximum greed again on June 16, 2025, and July 30, 2025, which led to cost corrections,” Santiment mentioned.
Both retracements adopted a big drawdown earlier this 12 months. Only in April did Ether plunge 60% from its January excessive, falling under $2,000, in accordance to CoinMarketCap.
However, Santiment mentioned that smaller retail merchants are displaying extra worry within the present rally, main them to unload their Ether holdings.
“With key stakeholders accumulating free cash that small ETH merchants are prepared to half with proper now, costs are displaying little or no sentiment resistance from breaking by means of and making historical past within the close to future,” Santiment mentioned.
Onchain evaluation platform Glassnode mentioned on Monday that short-term Ether holders have been promoting greater than long-term holders, which might imply short-term merchants count on a value pullback.
Traders anticipate increased costs for Ether
Ether is roughly 5.53% off its all-time excessive of $4,878, which it hasn’t reclaimed since reaching it in November 2021. Ether is buying and selling at $4,622 on the time of publication, up 7.95% over the previous 24 hours.
Related: Ether futures open curiosity hits all-time excessive as ETH value tops $4.5K — Will it final?
While some merchants imagine Ether has peaked, different merchants forecast its value to go a lot increased within the close to time period.
Crypto dealer Ted mentioned Ether “is about to interrupt out of its 4-yr sideways vary, and persons are calling for high.”
Meanwhile, crypto dealer Inmortal mentioned, Ether is “escaping the drive of gravity, be prepared for $10000.”
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This article doesn’t include funding recommendation or suggestions. Every funding and buying and selling transfer entails danger, and readers ought to conduct their very own analysis when making a choice.
