As ETH prices fell below $2,000 for the first time since March, an analysis suggests that excessive 'Buy the Dip' sentiment in the market indicates the possibility of further short-term declines. On-chain analytics platform Santiment stated, "Typically, when prices plummet, investors fall into FUD (Fear, Uncertainty, Doubt), but currently, expectations for buying the dip are spreading. When investor sentiment is overly optimistic, prices tend to fall further. A better buying opportunity may arise when true fear sentiment appears."
