The post Ether Eyeing $3.2K As Stablecoin Yields Remain Low: Santiment appeared on BitcoinEthereumNews.com. Ether’s price may rise nearly 7% in the near term, as subdued stablecoin yields suggest the crypto market has yet to reach overheated conditions, according to crypto sentiment platform Santiment. “Currently, yields are low, around 4%. This indicates the market has not reached a major top and could still push higher,” Santiment said in a report on Saturday, forecasting that Ether (ETH) could revisit its $3,200 resistance level soon. This represents an approximate 6.7% increase from its price of $2,991 at the time of publication according to CoinMarketCap.  Ether is down 21.85% over the past 30 days. Source: CoinMarketCap Santiment said stablecoin yields in lending protocols offer “a gauge of market health” and are currently low, averaging roughly 3.9% to 4.5% across major platforms. The platform explained that a surge in yields typically indicates an increase in speculative leverage, a pattern that has historically preceded major crypto market tops. Spot Ether turns positive after the broader market downturn While Ether’s price has lagged in recent weeks, technical and flow-based signals are beginning to show early signs of recovery. The asset has posted a 21.32% decline over the past 30 days, as part of a broader market downturn that began after the significant $19 billion crypto market liquidation event on Oct. 10. This followed shortly after US President Donald Trump announcement of 100% tariffs on Chinese goods. Crypto analyst Matthew Hyland pointed out in an X post on Saturday that the “ETH-BTC Weekly is closing in on a bullish ribbon flip for the first time since July 2020.” Meanwhile, spot Ether ETFs staged a turnaround this week, recording $312.6 million in net weekly inflows after three straight weeks of heavy withdrawals. Market sentiment is showing signs of improvement Sentiment across the broader crypto market is also showing signs of improvement. In… The post Ether Eyeing $3.2K As Stablecoin Yields Remain Low: Santiment appeared on BitcoinEthereumNews.com. Ether’s price may rise nearly 7% in the near term, as subdued stablecoin yields suggest the crypto market has yet to reach overheated conditions, according to crypto sentiment platform Santiment. “Currently, yields are low, around 4%. This indicates the market has not reached a major top and could still push higher,” Santiment said in a report on Saturday, forecasting that Ether (ETH) could revisit its $3,200 resistance level soon. This represents an approximate 6.7% increase from its price of $2,991 at the time of publication according to CoinMarketCap.  Ether is down 21.85% over the past 30 days. Source: CoinMarketCap Santiment said stablecoin yields in lending protocols offer “a gauge of market health” and are currently low, averaging roughly 3.9% to 4.5% across major platforms. The platform explained that a surge in yields typically indicates an increase in speculative leverage, a pattern that has historically preceded major crypto market tops. Spot Ether turns positive after the broader market downturn While Ether’s price has lagged in recent weeks, technical and flow-based signals are beginning to show early signs of recovery. The asset has posted a 21.32% decline over the past 30 days, as part of a broader market downturn that began after the significant $19 billion crypto market liquidation event on Oct. 10. This followed shortly after US President Donald Trump announcement of 100% tariffs on Chinese goods. Crypto analyst Matthew Hyland pointed out in an X post on Saturday that the “ETH-BTC Weekly is closing in on a bullish ribbon flip for the first time since July 2020.” Meanwhile, spot Ether ETFs staged a turnaround this week, recording $312.6 million in net weekly inflows after three straight weeks of heavy withdrawals. Market sentiment is showing signs of improvement Sentiment across the broader crypto market is also showing signs of improvement. In…