The cryptocurrency market research institution Santiment released a chart report on February 8th, stating that the market capitalization of Ethereum (ETH) has dropped by 36% from its local high 7 weeks ago, leading to a sharp decrease in the number of profitable ETH. Based on the daily closing data, the current profit ratio of ETH has reached a 4-month low, and the number of profitable tokens has also dropped to the lowest level in 3 months. As the second largest cryptocurrency by market capitalization, Ethereum’s performance is inferior to other major coins, and market sentiment has turned significantly negative. Despite the current panic and continuous selling pressure from retail investors, Ethereum may experience an unexpected rebound once the cryptocurrency market stabilizes.
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Santiment: Ether đã giảm 36% từ đỉnh cục bộ, có thể có sự phục hồi nếu thị trường ổn định hoặc có sự phục hồi không ngờ
The cryptocurrency market research institution Santiment released a chart report on February 8th, stating that the market capitalization of Ethereum (ETH) has dropped by 36% from its local high 7 weeks ago, leading to a sharp decrease in the number of profitable ETH. Based on the daily closing data, the current profit ratio of ETH has reached a 4-month low, and the number of profitable tokens has also dropped to the lowest level in 3 months. As the second largest cryptocurrency by market capitalization, Ethereum’s performance is inferior to other major coins, and market sentiment has turned significantly negative. Despite the current panic and continuous selling pressure from retail investors, Ethereum may experience an unexpected rebound once the cryptocurrency market stabilizes.