Santiment: Extreme public apathy toward ETH may signal price rebound

The public has reached a stage of completely ignoring and giving up on Ethereum (ETH), a state of extreme FUD that paradoxically makes a price rebound more likely, according to an analysis by Santiment. This negative social sentiment, which has fallen to its lowest level this year, stems from several factors: months of underperformance against Bitcoin and other altcoins, criticism of the Ethereum Foundation's (EF) governance and leadership, and controversial statements from Vitalik Buterin. Additionally, the proportion of ETH supply in profit by more than three times has dropped to 11%, its lowest point since 2017. Santiment drew a parallel to April 2025, when the market despaired that Ethereum was finished after a significant price drop. Exactly four months later, as FUD peaked and selling pressure exhausted itself, the price tripled to a new all-time high.