TechFlow, Nov 30 — According to crypto sentiment analysis platform Santiment, after a modest rebound this week, market momentum is weakening and the clear buying signals seen last week have disappeared. Ethereum is approaching a strong resistance zone between $3,200 and $3,250, where bulls and bears are fiercely clashing. Maksim, an analyst at Santiment, believes the market may retest recent lows after testing this level.
Social media metrics indicate a shift in market narrative, with the previously popular "buy the dip" strategy fading and concerns about firms like Strategy and their potential liquidations taking its place.
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