According to Foresight News, data from cryptocurrency analysis provider The Tie indicates that the Ethereum market sentiment index reached 66.69 on June 3rd, marking its highest level since March 24, 2023.
The long-term Ethereum sentiment index is calculated by comparing the positivity of posts on Twitter over the past 50 days with those from the past 200 days. A score above 50 suggests a more optimistic market sentiment in the recent period.