Bearish investor sentiment reaching its highest level is indicative of increased caution in spot and derivatives markets, fueling concerns about the short-term trajectory of ETH. In Darkfost’s view, this highlights how much trader sentiment toward ETH has deteriorated over recent weeks.
ETH Velocity RSI Flashes Potential Reversal Signal Over the past 7 years, the expert stated that these zones have marked some of the best Dollar-Cost Averaging (DCA) opportunities in ETH’s history. Meanwhile, when momentum vanishes from the market, forward risk-reward often improves dramatically in the near-term.
