Social media chatter reveals retail merchants are in disbelief about Ether’s current rally and are promoting off their holdings to be scooped up by giant crypto patrons, says the crypto sentiment-tracking platform Santiment.
“Traders have proven FUD [fear, uncertainty and doubt] and disbelief because the asset makes greater and better costs,” Santiment said in an X submit on Tuesday, exhibiting that bearish social media commentary on Ether (ETH) outweighs bullish remarks.
Ether exhibiting “little or no sentiment resistance”
Santiment defined that costs usually transfer in the other way to retail merchants’ expectations. When too many merchants flip overly bullish, it will possibly sign greed in the market, which has traditionally been adopted by sharp sell-offs.
“There was an occasion of excessive greed again on June 16, 2025, and July 30, 2025, which led to value corrections,” Santiment mentioned.
Each retracements adopted a major drawdown earlier this yr. Solely in April did Ether plunge 60% from its January excessive, falling beneath $2,000, according to CoinMarketCap.
Nonetheless, Santiment mentioned that smaller retail merchants are exhibiting extra concern in the present rally, main them to dump their Ether holdings.
“With key stakeholders accumulating unfastened cash that small ETH merchants are prepared to half with proper now, costs are exhibiting little or no sentiment resistance from breaking by and making historical past in 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 anticipate a value pullback.
Traders anticipate greater 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.
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Whereas some merchants imagine Ether has peaked, different merchants forecast its value to go a lot greater in the close to time period.
Crypto dealer Ted said Ether “is about to escape of its 4-yr sideways vary, and individuals are calling for prime.”
In the meantime, crypto dealer Inmortal said, Ether is “escaping the drive of gravity, be prepared for $10000.”
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This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a call.
