Ethereum (ETH) price has slipped below the $1,900 mark after facing rejection near the $1,920 resistance, triggering a wave of bearish sentiment across the market. According to Santiment, the ratio of positive-to-negative Ethereum commentary has dropped to one of its lowest levels in recent weeks, a pattern that previously preceded a 14% rally on June 27 and a 7% advance on July 11. While the latest pullback has weakened short-term momentum, the recurrence of this sentiment extreme has renewed speculation over whether Ethereum is nearing another contrarian buying opportunity or preparing for a deeper correction.