MarketPR
On-chain analytics firm Santiment said Tuesday that social sentiment around $ETH has collapsed into what it calls an "extreme fear zone," with positive-to-negative commentary falling to one of its lowest ratios of the year.
The firm argues the exhaustion of bearish conviction historically precedes a price reversal — not because the fundamentals improve, but because the sellers have already sold.
What the On-Chain Data Actually Shows Santiment tracks the ratio of positive to negative social commentary as a contrarian indicator.
When that ratio drops this low, it says, prices have frequently moved opposite to the crowd's expectations — because the selling pressure that drives a downtrend is largely spent by the time consensus turns uniformly bearish.
Keep reading