Ethereum social sentiment hits bottom: historical lows often indicate an imminent rebound

【BlockBeats】On January 11, according to data from a crypto data platform, the social media discussion heat and sentiment index related to Ethereum have experienced a significant decline. The current level of pessimism is approaching the lows seen in early 2025.

This phenomenon warrants attention. Historical patterns indicate that when the crypto community collectively “pessimizes” a certain asset and market sentiment hits rock bottom, it often serves as a contrarian signal—prices tend to rebound unexpectedly with strong momentum afterward.

Ethereum’s performance is a prime example. In mid-April last year, ETH hit its annual low of $1,472. No one expected that, in just four months, this coin would surge nearly 70%. By late August, ETH’s price had approached the all-time high of $4,878 set in 2021.

Market analysts point out that this extreme pessimistic sentiment actually suggests that the downside space is now quite limited. In other words, when everyone feels hopeless, it is often the night before a new beginning. This psychological effect has been repeatedly validated in the crypto market, and savvy traders are already accustomed to it.