Fresh data from analytics platform Santiment highlights a notable divide in how investors are viewing Bitcoin and Ethereum.
Social media chatter around Bitcoin has recently tilted heavily toward bullish language, with terms like “higher” and “above” dominating over “lower” and “below.”
This surge in optimism emerged right as Bitcoin hit a new all-time high and formed a local price peak.
Ethereum, meanwhile, has delivered solid growth over the past three months but hasn’t sparked the same level of excitement.
Sentiment indicators show its investor base remains far less euphoric compared to Bitcoin holders, even with ETH’s recent performance.
Santiment’s analysts note that retail crowd expectations often precede market moves in the opposite direction. In this case, subdued enthusiasm for Ethereum could actually work in its favor, potentially leaving more room for upward movement.
The firm also observed that “buy the dip” interest is noticeably lower for ETH, which historically can set the stage for a surprising rally if market momentum turns in its favor.
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Source: https://coindoo.com/ethereum-sentiment-lagging-behind-bitcoin-despite-strong-gains-santiment/