Analysis: Ethereum sentiment hits annual low or may be a Rebound signal

Odaily Planet Daily News According to data analysis company Santiment, Ethereum's social sentiment has reached a new low for the year, with price performance lagging behind other cryptocurrencies. Santiment stated in its analysis released on March 5 that this could actually be a positive signal for a potential reversal. Douro Labs CEO Mike Cahill stated that if the encryption market stabilizes, Ethereum will be in a favorable position, benefiting from recovered liquidity and sustained institutional attention. Analysts at Kronos Research believe that extreme negative sentiment often indicates the market cycle has bottomed out, and Ethereum may be ready for a significant rebound. (Cointelegraph)