Santiment analyst Brian Quinlivan said the decline in Ethereum’s social media sentiment reflects levels before the 2025 price rally that propelled the asset to all-time highs.
summary
- Santimento says Ethereum Sentiment is as bearish as it was before the 2025 price explosion.
- Ethereum previously soared from $1,470 to $4,900 during the peak of social pessimism.
- Increased stakes and network growth suggest current situation Ethereum The setup could be bullish.
The on-chain analytics firm sees the current setup as potentially bullish, similar to the previous situation. EthereumThe stock price soared from $1,470 in April 2025 to $4,900 by August.
“Ethereum has actually fallen quite a bit, which would argue against us falling too much further,” Quinlivan said in a YouTube video published Saturday. “This is reminiscent of what we saw before Ethereum started massive operations last year.”
Ethereum (Ethereum) is currently trading at $3,099, up 0.4% in 24 hours but down 4.5% in 30 days and 4.2% over the past year.
August 2025 rally occurs after widespread pessimism
After rebounding from a yearly low near $1,470 in April, Ethereum surged to $4,900 on August 23, 2025, surpassing its previous peak in 2021, according to CoinGecko data.
Quinlivan pointed out that the price of Ether “soared just as people were really starting to write off Ethereum.” The reversal in sentiment came as doubts about Ethereum’s competitive position reached the highest level on social media platforms.
Ethereum The company has fallen 36% from its all-time high after a $19 billion crypto market liquidation event on October 10 triggered a broader market downtrend. The token is trading at $3,099, showing an increase of 5.5% in 14 days.
Quinlivan made a distinction between current sentiment and the situation in early 2025. “I can’t say that’s happening right now. Ethereum is returning to the No. 2 market cap position that many expected,” he said. “We are ranked appropriately again.”
Network growth accelerates as interest in staking increases
Quinlivan remains bullish on the growth of the Ethereum network, calling it “absolutely crazy.” This growth can be attributed to the increased interest in staking, which has recently become a hot topic on social media.
Broader crypto market sentiment has remained at low levels since early November, oscillating between “fear” and “extreme fear.” The Cryptocurrency Fear and Greed Index recorded a “fear” score of 29 on Sunday.
This setup suggests an upside potential if sentiment follows the pattern observed prior to the 2025 rally.
