Ethereum dips as sentiment turns negative, but analysts see a potential buying opportunity for long-term investors.

The cryptocurrency market has shifted dramatically following a huge Q4 rally. Now, many are questioning whether we're entering a bear market.

The cryptocurrency market has shifted dramatically following a huge Q4 rally. Now, many are questioning whether we’re entering a bear market. Brian from Santiment, on the Thinking Crypto podcast, discussed how market sentiment can flip quickly and how the actions of whales often drive the market, regardless of retail investors’ mood.

Recently, there’s been a lot of negative talk about Ethereum, the second-largest cryptocurrency. More people are saying bad things about it on social media, which shows that the mood around it is getting worse. But this could actually be a good sign for investors.

When people start to give up on a coin, big investors often step in to buy more. So, if you are planning to invest in Ethereum for the long term, this could be a chance to buy when prices are low, before things potentially improve.

Solana has been struggling lately. After seeing a lot of interest from meme coins, which helped push its price up, the hype has died down. Now, Solana’s value has dropped by more than 50%. It’s also been facing technical issues with its network, which have caused frustration.

This combination of a fading meme coin market and network problems has made many people lose interest in Solana for now.

Surprisingly, XRP has shown a surprising level of resilience despite facing ongoing regulatory scrutiny, particularly from the U.S. Securities and Exchange Commission (SEC). XRP has seen multiple legal battles with the SEC, and recently, there’s news of a potential resolution.

In terms of active addresses, XRP has seen an uptick, with activity tripling in the last two weeks. This surge in usage signals an increase in the practical application of XRP, which could be a positive indicator for future growth.

Despite a 29% drop in price from its recent high, XRP’s community remains optimistic, largely due to the ongoing SEC case and the potential for an ETF launch later this year.