Core Insights - Ethereum (ETH) has fallen below the critical support level of $4,426, indicating a cooling sentiment in the broader crypto market [1] - The decline in ETH's price has led to a decrease in its social dominance, which currently stands at 6.48%, down by 5% over the past five days [2] - The Smart Money Index (SMI) for ETH has decreased by 6% since Monday, suggesting that institutional investors are taking profits and reducing their exposure [4][5] Market Sentiment - The drop in ETH's social dominance signals a fading interest among traders, with speculative attention shifting to other assets [4] - A declining SMI indicates that smart money is exiting the market, which could exacerbate bearish pressure on ETH [6] Price Analysis - If demand does not return, ETH could slide towards $3,800, with a risk of falling below $4,000 to a potential low of $3,875 [7] - Conversely, if demand returns, ETH could rebound above $4,426, potentially reaching $4,742 [8]

RT THE HUNTER ✴️ (@TrueGemHunter)Most active coins by social dominance 👀Interesting to see $MOMO at 5 place with less than 10M MC, they are cooking something 👀1. $PUMP2. $DOGE3. $PEPE4. $SHIB5. $MOMO6. $BONK7. $TRUMP8. $FARTCOIN9. $PENGU10. $TROLL https://t.co/WM94gF4MfA ...

Most active coins by social dominance 👀Interesting to see $MOMO at 5 place with less than 10M MC, they are cooking something 👀1. $PUMP2. $DOGE3. $PEPE4. $SHIB5. $MOMO6. $BONK7. $TRUMP8. $FARTCOIN9. $PENGU10. $TROLL https://t.co/WM94gF4MfA ...

🚨 CMC News: BTC Social Dominance Hits 43% Signaling Potential Entry Point.🔗 https://t.co/r0IOpptgMt https://t.co/TNd9nlrhpg ...

🤗 As Bitcoin's market value crept above $123.1K for the first time in its 17+ year history, there was an equally historic social dominance spike. 43.06% of all crypto discussions were about $BTC just as the coin's market value was peaking.Though it's generally a fantastic sign that the #1 market cap has had its deserved spotlight, the sudden spike was indicative of many retail traders FOMO'ing in. Wait for the euphoria to cool down some, and you'll likely find another key entry point coming up.🔗 Here's the ...