💸 #Ethereum's network costs just $2.07 to make a transaction, a far cry from the $15.21 that it cost back on March 4th when demand was excessively high. The market historically moves between sentimental cycles of feeling that crypto is going "To the Moon" or feeling that "Crypto is Dead", which will very often be observed through transaction fees. These fees will tend to peak (and sometimes diverge) around $ETH price tops, and go back to its resting state around price bottoms.


Track how the network fluctuates any time with this link, particularly if you are interested in having #ERC20's make up a portion of your #crypto portfolio.

📈 #Crypto markets have seen a boost today, as #Bitcoin has jumped back to $63.8K with just over 36 hours until its #halving event. The crowd has maintained a consistently #bearish sentiment toward top caps, which strengthens the argument for more rising. Remember that markets typically move in the opposite direction of the crowd's expectation!

🗣️ Regardless of your stance on #altcoins after major market-wide plummets over the past week, keep an eye on top trending assets like:

🪙 $VELO : The project aims to create a #trustless financial infrastructure with #smartcontracts, making transactions cheaper, faster, and more accessible. Additionally, it offers fractional transactions, allowing users to transact assets against their #realworld value without needing to own a whole asset.

🪙 $OMNI: The project offers interoperability features, and is notable for the support it has received from top exchangeslike #Coinbase and #Binance. The project aims to integrate #Ethereum's rollup ecosystem into a unified network, addressing the fragmentation issue faced by #Layer2 solutions on Ethereum.

Keep tabs on the top trending coins on an hourly basis to see what projects are driving markets in both #bullish and #bearish conditions with the #Santiment Trending Tokens dashboard here!

😧 According to the #crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin's -16% market value drop since the #AllTimeHigh of $73.6K hit back on March 14th. At the same time, #bearmarket mentions are increasing. Historically, prices move the opposite direction of mass traders' expectations. The quick dropoff of #FOMO combined with a notable rise in #FUD is a promising combination that #cryptocurrency may see a recovery either right before the #halving, or shortly after.


Explore this chart further, and see how #bullish vs. #bearish mentions from the crowd are impacting the fluctuations of $BTC and other prices.

The crowd's fear heading into the #halving may be just what we've needed to signal a recovery. With #FUD showing in #Bitcoin and #Ethereum, there is a solid chance this past weekend was the #bottom for #cryptocurrency markets. Enjoy our latest video as we look at many of Santiment's top metrics!

📊 The ratio of #bullish vs. #bearish comments toward #Bitcoin and #Ethereum is predictably quite negative after $BTC fell to as low as $61.5K and $ETH to $2,890 this past weekend. We are already seeing the effects of trader #FUD, with markets bouncing back now and going the opposite direction of the crowd's expectation after they panic sold. Expect for this trend to continue until the #FOMO and hype about the #halving starts to talk over social media conversations like it was 1-2 weeks ago.


Track the positive vs. negative commentary by traders here, and see when the euphoria and fear are signaling that a shift in the markets is about to happen again.


Grab a free Sanbase PRO trial membership to access hundreds of world-leading #crypto indicators, and see what others can't.

📊 Traders have been increasing their discussions toward #Bitcoin and the viability of #hodling through a potential extended correction past the #halving. With #altcoin sectors like #AI, #gaming, #DeFi, #memecoins, and others retracing heavily, expect that the crowd focus will continue to turn toward $BTC and #Fiat liquidations as #FUD continues to climb.


Check out the free Social Trends dashboard here.


You can also view the daily topics that are driving markets the most at any time on the Santiment Trending Topics page here.

Have you noticed the bearish signals on major crypto platforms lately? Both Coindesk and Cointelegraph are reflecting a cautious sentiment, and even their graphics are echoing this trend. Moreover, Santiment AI has highlighted that the current buzz around Bitcoin targets a potential dip to $58k — further evidence of the prevailing bearish mood.

Now, does this mean it’s all doom and gloom? Absolutely not! In fact, this could be an intriguing opportunity to strategize differently. While the broader market sentiment leans towards caution, those of us willing to explore contrarian approaches might find valuable openings.

And here’s something else to consider: rumors suggest that major players like Wintermute are now predominantly holding stablecoins. This shift could signal a quieter field for those ready to act.

So, what’s your take on this? Are you prepared to look beyond the immediate sentiment and spot potential opportunities?

🗣️ As #crypto prices have been on the decline, #Ethereum is seeing the fastest rise in discussion rate. The new #ETF has caused more interest in the #2 market cap asset, even though #shorts are rising rapidly. Also, keep an eye on #Beam's rise in interest.

Santiment's Social Trends page is the place to track the top rising keywords and top rising assets to see what subjects will likely be moving markets next. Explore it now, and let us know what you find!