Santiment: Ethereum Bullish Trend Dey Small Pass Bitcoin Amid Weaker Retail Sentiment
Crypto analytics firm Santiment yan talk say Bitcoin latest greed index peaks dey align well with price peaks, even though Ethereum don perform pass Bitcoin for the last three months. Surprise people be say Ethereum bullish trend on-chain still dey behind Bitcoin, e mean say ETH get contrarian bullish trend. Based on old pattern where small retail sentiment dey come before price go up, Ethereum current bullish trend fit push more up compared to Bitcoin. Traders fit see this difference as sign to move money go ETH, to expect stronger rally for next weeks.
Bullish
Santiment dey point out say even though Ethereum price dey perform well, the on-chain bullish sentiment no too follow am. Dis be classic contrarian setup. History don show say when retail bullish sentiment for ETH low, e dey usually happen before big rallies, because less excitement fit mean say price go soon rise. Bitcoin greed peak dey usually match local tops, so the weaker sentiment for ETH fit mean say e get more room to go up. Short term, this kind difference fit make traders move their money go ETH, cause price to bounce. Long term, if Ethereum keep performing well and sentiment improve, e fit make Ethereum bullish case strong pass Bitcoin.