Ethereum outpaces Bitcoin as crowd sentiment remains subdued
While Bitcoin captured headlines with its all-time high last week, sentiment analysis from Santiment suggests Ethereum may quietly be in a stronger position.
Analysts point to a notable contrast in social media activity: Bitcoin’s surge generated widespread retail excitement, coinciding with local market tops, reports Cointelegraph.
In contrast, Ethereum’s crowd sentiment remains relatively subdued—even as it outperformed Bitcoin in the past month. The ETH/BTC ratio has risen 32.9% over 30 days, reflecting increased strength without the speculative froth.
ETH closes in on 2021 highs amid institutional demand
Despite failing to reclaim its 2021 high of $4,878, Ether came within 1.94% of doing so before retreating to around $4,448. The retracement came as Bitcoin fell roughly 5% from its own record, reinforcing ETH’s comparative resilience. Analysts say Ethereum’s bullish outlook is underpinned by fresh ETF inflows and growing corporate interest. Recent ETF-related demand has led major financial institutions to revise targets higher. Standard Chartered, for instance, has upgraded its 2025 ETH target to $7,500, citing improved fundamentals and broader adoption.
Forecasts suggest $8,500 ETH if Bitcoin hits $150,000
Market participants continue to draw parallels between previous bull cycles and current price action. Crypto trader Yashasedu projects that if Bitcoin rallies to $150,000—a widely discussed target—Ethereum could climb to $8,656, based on historical ETH/BTC market cap ratios. Supporting this thesis are accelerating stablecoin integrations, positive regulatory developments, and an overall rotation into Ethereum as a more versatile platform. Santiment adds that while the “greed” levels surrounding Bitcoin have cooled slightly, Ethereum’s measured ascent makes it a likely beneficiary of the next market leg higher.
Recently we wrote that the Ethereum Foundation has sold approximately 2,795 ETH, worth $12.7 million, as ether prices surged to their highest levels this year.
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