The largest subcoin Ethereum (ETH) $2,236.91In recent years, other major crypto coins show a weak performance. This led to the lowest level of market sensitivity to the lowest level of the year. According to the data shared by Santimement, investors are increasingly commented on social media for the largest Altcoin. However, analysts say that such negative weather is usually seen before recovery.
Ethereum’s market performance remained weak
Ethereum, Bitcoin (BTC) in recent weeks 
$89,748.06 and other big crypto currencyHe’s left behind. This table led to a morale disorder among investors, while increasing negative comments on social media platforms. According to the analysis of centimeter EthCrypto currency investors’ sensitivity to the lowest levels of the year.
The main factor in the deterioration of investors’ morale is that Ethereum’s price movements have not been able to meet expectations for a long time. Bitcoin’s strong course and other altcoin‘s better performance than ETH caused the largest Altcoin to remain in the shadow. In this process, investors expressed their concerns that ETH’s price may fall further on social media. However, when we look at historical data, extreme negative sensitivity is generally known to be a harbinger of bottom levels.
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Negative air on social media can be a purchase opportunity
Santimement’s analysis shows that negative comments about Ethereum on social media are peak. Generally, excessive fear and despair are considered as a return signal in the markets. For this reason, some analysts think Ethereum’s current price levels can offer a purchase opportunity.
When the past price movements of Ethereum are examined, it is noteworthy that there is a upward reaction movement when intensive sales pressure occurs in the market. at this point Crypto Money Market It should be remembered that investor sensitivity may change rapidly because it is volatility due to its nature. The increase in negative comments against Ethereum in current market conditions may indicate that the price is at the bottom or the bottom is approaching the level.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
