Will ETH's sentiment collapse so quickly? Can the $2000 support level hold?

CryptoWorld News reports that, according to Santiment, market sentiment for Ethereum sharply deteriorated in May, with the total market capitalization dropping 11.6% within 15 days. Santiment pointed out that if selling pressure continues, Ethereum could fall below $2,000 for the first time. Despite Ethereum's rising social dominance, the tone of discussions has shifted toward fear and frustration. The report also mentioned that there was a large outflow of funds from Ethereum ETF products in May, especially from funds related to Blackstone. Santiment also stated that in the past three weeks, there has been no day with Ethereum ETF inflows exceeding $50 million. The current market focus is on whether Ethereum can restore demand and defend the $2,000 region.