Opinion: Ethereum's social volume is close to a 6-month low and is about to enter the accumulation phase

According to bitcoinist news, due to the slowdown in ETH price movements and the use of cryptocurrencies, the number of social media posts related to Ether has fallen sharply. Santiment, a blockchain analytics company, reported that as of October 3, Ethereum's social volume was close to its lowest point in six months. Although this may logically lead some people to believe that this means that ETH will continue to fall, Santiment pointed out that this may indicate that ETH is about to enter a critical accumulation phase. This accumulation phase may precede the price hike, because lower social activity may imply investor surrender and the imminent reversal of returns on inflows.