Santiment: Ethereum has fallen 36% from its local highs. If the market stabilizes, it may see an unexpected rebound
2025-02-08 09:22:51
Odaily News Santiment, a crypto market research organization, released a chart report, "Ethereum's market value has fallen 36% from its local high seven weeks ago, resulting in a sharp drop in the number of ETH in a profitable state. Judging from the daily closing data, the current ETH profit ratio hit a four-month low, and the number of profitable tokens also fell to a three-month low. As the second largest cryptocurrency by market value, Ethereum has underperformed other large-cap currencies, and market sentiment has fallen significantly negative. Although there is currently a lot of panic (FUD) and retail investors continue to sell, once the crypto market stabilizes, Ethereum may usher in an unexpected rebound."
33minutes ago
Fed officials expect no more rate cuts next year
33minutes ago
Fed officials expect no more rate cuts next year
Download Odaily App
Let Some People Understand Web3.0 First
