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Sentiment For Ethereum Hits 1-year Low, Analyst Says A Massive Run Is Coming

  • The sentiment for Ethereum (ETH) has reached its lowest levels in a year as it struggles to reclaim the $4,000 mark.
  • Analysts suggest that the drop in sentiment is a classic bullish indicator and Ethereum could see a jump to the $4,900-$5,000 price range in the next month.
  • The cryptocurrency's rally is expected to resume once it clears the $4,100 resistance level.
  • Breaking past the $4,000 resistance will require significant buying pressure and holding the $3,800 level is key to continuing the rally.

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