Social Media Interest Makes a Difference

According to Santiment’s data, investor enthusiasm and “greed” levels for Bitcoin spiked exactly as BTC reached its new all-time high. In contrast, Ethereum received far less social media hype. Santiment noted that this lack of excessive interest could provide a healthier foundation for ETH’s price growth.

The ETH/BTC ratio has surged 32.9% over the last 30 days, showcasing Ethereum’s relative strength.

Price Action: Pullbacks After Record Highs

Last week, Bitcoin reached $124,128, setting a new all-time high (ATH). However, it quickly retraced by 5.1%, falling back to $117,939.

Ethereum, on the other hand, came close to retesting its 2021 peak of $4,878 but fell just 1.94% short before pulling back to $4,448.

Expert Predictions for Ethereum

With institutional adoption accelerating and stablecoin usage on the rise, analysts have been revising their targets for Ethereum.

• Crypto trader Yashasedu suggested that if Bitcoin climbs to $150,000, ETH could reach as high as $8,656 based on past bull market patterns.

• Standard Chartered has also raised its 2025 Ethereum price forecast from $4,000 to $7,500.

According to Santiment, while Bitcoin faces short-term selling pressure due to overly bullish sentiment, Ethereum’s more moderate hype could be a sign of a healthier market structure. This divergence may allow ETH to outperform BTC in the coming months.

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