The discussion heat on Ethereum social media continues to decline, and the overall sentiment index of the crypto community has dropped to near the freezing point at the beginning of the year. Honestly, when everyone starts collectively "giving up" on a certain coin, it is often the most dangerous moment—dangerous not because of continued decline, but because of potentially missing the rebound.
The data speaks for itself. In mid-April this year, ETH fell to a yearly low of $1,472. And then? In just four months, the price surged nearly 70%, reaching close to $4,878 by the end of August, approaching the historical high set in 2021. From the bottom to near the all-time high, how many people were still bearish in late April?
What kind of situation is in front of us now? The market's pessimism towards Ethereum has become so intense—how much more room is there for it to sink? According to historical patterns, when sentiment is extremely pessimistic to this degree, it is usually the night before a price reversal. The logic of the market is often counterintuitive—during the most desperate moments, it may just be the best time to make strategic moves.
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GasWrangler
· 01-14 06:50
ngl the data literally proves sentiment extremes are just noise at this point—if you actually analyze the transaction throughput patterns from april, the mempool was screaming accumulation signals that everyone missed. mathematically speaking, this bottom should've been obvious. sub-optimal emotional trading is exactly why most people end up bagholding.
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CryptoGoldmine
· 01-14 05:23
The emotional freezing point is the moment when the computing power profit ratio is optimal; historical data never lies.
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GamefiHarvester
· 01-13 17:38
Is it that same routine again? The people who were bearish at the end of April should be crying now, right?
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Basically, it's a gamble on human nature. The more desperate, the more you should get in.
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Wait, isn't this the same old trick of cutting the leeks?
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History repeats itself, but is this time really different... Smart folks are all bearish.
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Who didn't see the 70% increase? The question is, did you have the courage to buy the dip in April?
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The lowest point is always something only hindsight can reveal.
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Emotional lows are indeed a signal, but a signal doesn't equal money.
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It's that phrase again—it's best to position yourself when you're most desperate. How many times have we heard that?
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Is this rebound real or not? I remain skeptical.
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Is collective giving up the bottom? So is this heat preparing for takeoff?
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FromMinerToFarmer
· 01-11 16:08
Another bottom signal? I didn't catch the last time when I was bearish, but this time I learned to be smarter.
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quietly_staking
· 01-11 09:51
Starting to talk about the "Despair is Opportunity" rhetoric again, but the wave from April to August indeed proved those pessimists wrong.
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StablecoinAnxiety
· 01-11 09:45
Here we go again with the "extremely pessimistic is the bottom" argument. Why do I feel like someone always says this every time?
Wait, did it really rise so much in April this year? Why don't I feel it?
Damn, as always—whoever can accurately pinpoint the bottom is a genius, but it's definitely not me.
That's true, but the problem is, how many people really dare to add to their positions when things are at their most desperate...
This round is really cold, there's even no discussion about it, kind of scary.
Every time, people say this is the best entry point, but half of them are stuck at the top waiting for you.
History will repeat itself, but the details are never the same. Maybe this time really is different.
I just want to know, who dares to go ALL IN before the bottom is confirmed? Easy to say.
The market defies intuition, I'm tired of hearing that. Can we do something to turn the wallet around?
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StablecoinGuardian
· 01-11 09:43
Here we go again with the "extremely pessimistic is a buying point" logic... I don't believe you, the last person who heard this is still holding their position.
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GasFeeCryBaby
· 01-11 09:41
Here comes the same "bottom reversal" argument again. Those who were bearish in April should be kicking themselves now haha
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Is the most hopeless moment actually an opportunity? It sounds rough but it's not wrong. Let's see who dares to make a move in the darkest hour
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Oh my, are we going all in again? My wallet is already creaking and groaning
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Historical patterns sound great to hear, but the key is who can hold on until that moment without selling
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I wonder how many people have truly "given up" now. It feels like everyone is still watching the market
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A 70% increase sounds light and breezy, but how many people were washed out back then?
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I believe in the counterintuitive nature of the market, but where exactly is the line between "extremely pessimistic" and "really about to collapse"?
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Doubling in four months, sounds simple. The ones who survive are gods, and the dead are not worth mentioning
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I've heard too many times about the night before the bottom reversal. Sometimes, it just really crashes
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Wait, what is the current price of the historical high of 4878? It doesn't seem to be close at all
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HashBrownies
· 01-11 09:39
Here we go again with the "despair is opportunity" rhetoric. How many times did I hear this last year haha
It was said the same way last year, and look what happened
In April, when it was $1472, I really didn't dare to buy in. Now seeing it surge to $4878 in August, my mindset is collapsing, isn't it?
The key question is, when will the next 70% rebound come? That's the real issue
Historical patterns are just that—patterns. Believing in them is just ridiculous
Everyone says that pessimism is a bottom signal, but what if pessimism lasts a year or a year and a half?
I'll just stick to DCA honestly, no more betting on this counterintuitive logic
View OriginalReply0
NftDeepBreather
· 01-11 09:36
Playing the reversal again, always the same excuse... But the April wave really proved a lot of people wrong.
The discussion heat on Ethereum social media continues to decline, and the overall sentiment index of the crypto community has dropped to near the freezing point at the beginning of the year. Honestly, when everyone starts collectively "giving up" on a certain coin, it is often the most dangerous moment—dangerous not because of continued decline, but because of potentially missing the rebound.
The data speaks for itself. In mid-April this year, ETH fell to a yearly low of $1,472. And then? In just four months, the price surged nearly 70%, reaching close to $4,878 by the end of August, approaching the historical high set in 2021. From the bottom to near the all-time high, how many people were still bearish in late April?
What kind of situation is in front of us now? The market's pessimism towards Ethereum has become so intense—how much more room is there for it to sink? According to historical patterns, when sentiment is extremely pessimistic to this degree, it is usually the night before a price reversal. The logic of the market is often counterintuitive—during the most desperate moments, it may just be the best time to make strategic moves.