Ethereum sentiment mirrors levels seen before ‘major run’: Santiment

According to Santiment, Ethereum's market sentiment is currently reflecting levels similar to those observed before significant price increases in the past. The analysis highlights that the social sentiment around Ethereum has turned positive, indicating growing optimism among investors. Additionally, on-chain metrics suggest that accumulation trends are strengthening. This combination of factors could signal a potential upward movement in Ethereum's price, as historical patterns suggest that such sentiment shifts often precede major rallies.

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