Ethereum sentiment drops to fear levels as traders still bet on $5,000-plus targets for 2026

Ethereum's social media sentiment has weakened to levels similar to those seen before its 2025 rally, even as the broader crypto market shifts between "Fear" and "Extreme Fear." Traders on prediction platforms are still pricing in a meaningful chance that Ether will trade above $4,250 to $5,000 or more in 2026. Analysts also note that while Ethereum has pulled back sharply from its 2025 peak, many investors again view it as the clear second-largest crypto asset.