Santiment: The 'Buy the Dips' strategy is fading as Ethereum approaches the strong resistance zone at $3200.

On November 30, the encryption sentiment analysis platform Santiment pointed out that after a slight rebound this week, the market showed signs of fatigue, and the clear buying signals from last week have disappeared. Ethereum is approaching the strong resistance area between $3200 and $3250, with intense competition between buyers and sellers. Santiment analyst Maksim believes the market is likely to test this level before retesting recent lows. Social media indicators show that the market narrative is shifting, with the previously popular “Buy the Dips” strategy fading away, replaced by concerns over companies like Strategy and their potential liquidation.