XRP and Ethereum FOMO hits 5-week high—pullback ahead?

XRP and Ethereum FOMO metrics hit a five-week high, signaling strong retail optimism. Analysts warn this could increase short-term downside risk despite ongoing whale accumulation.

XRP and Ethereum are seeing a surge in bullish sentiment, with FOMO (fear of missing out) indicators hitting their highest levels in five weeks, according to analytics platforms. XRP leads with a positive-to-negative commentary ratio of 3.02-to-1, while Ethereum follows at 2.31-to-1. This optimism persists despite recent price declines and both tokens trading near key technical levels. Experts warn that heightened bullish sentiment during price corrections can increase the risk of short-term pullbacks or delay recovery. Meanwhile, Bitcoin sentiment remains more balanced at 1.40-to-1, and whale accumulation continues across the market. Interestingly, social media engagement for Bitcoin and Ethereum has dropped to its lowest in a year, even as large investors keep accumulating. This suggests a disconnect between retail sentiment and whale activity. Historically, markets often move against strong crowd sentiment, so caution is advised.