Cryptocurrency analyst AIi recently shared an interesting observation on social media: the market sentiment for ETH has dropped to its lowest point since December 18, 2023. 📉
This may sound somewhat concerning, but AIi reminds us that this low sentiment could actually be a bullish signal. 📈 After the last similar sentiment low, the price of ETH quickly rebounded, rising by 30%.
Of course, market sentiment is just one of many factors, and investors should still act cautiously. However, this historical data comparison provides us with an interesting perspective. 🔍
Regardless of how the market changes, maintaining neutrality and rationality is key. 💡