Crypto Market Euphoria May Signal Top: Santiment Warns of Possible Pullback

Santiment suggests the crypto market’s current surge may signal a peak as social media chatter about potential Federal Reserve rate cuts rises to an 11-month high. Analysts attribute this optimistic sentiment to heightened investor excitement regarding the possibility of reduced interest rates. Santiment, which tracks crypto market sentiment, highlights that historically, strong discussion around a single bullish narrative can indicate that euphoria may be reaching unsustainable levels, potentially signaling a market top. While Ethereum is close to hitting its all-time high (ATH), on-chain data suggests it’s entering