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Observing the crowd psychology on social media is truly fascinating.
The entire crypto community has not only been reviled, but now ETH has become the prime target for collective mockery.
Historically, this level of widespread negativity often signals a major rally on the horizon. The old saying holds true: what goes down must come up.
$ETH has been through this exact cycle before. The SOL/ETH ratio also saw a similar moment when every major KOL was publicly dumping ETH to buy SOL.
The result of that phase? A temporary top for SOL at $295.
Be wary of moments when crowd sentiment reaches extreme consensus. That's usually when the market flips the script.
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