Home Fear & Greed Pools Wallets Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 18040
Markets: 101259
Crypto Currency Tracker logo Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRO
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VEF
VND
VES
VUV
WST
ZAR
ZMW
ZWL
Market Cap
24h Vol
18040
Cryptocurrencies
63.83%
Bitcoin Share
crypto.news 2025-04-29 16:32:34

Ethereum price can crash to $1,000 in 2025: Polymarket

Ethereum price can crash to $1,000 in 2025: Polymarket

Ethereum price has stalled below $2,000 this week, and some signals indicate a potential drop to $1,000 before it reaches $4,000. Ethereum ( ETH ) was trading at $1,810 on Tuesday, a level it has maintained for several days. This price is about 31% above the lowest point this year. A Polymarket poll shows that most users anticipate the coin will drop to $1,000 this year, a move that would represent a 45% decline from current levels. The odds of the price dropping to $1,000 stand at 39%, while the chances of it rising to $4,000 are at 20%. Polymarket users appear bearish on Ethereum due to its weak fundamentals. Demand for spot Ethereum ETFs has waned, with all such funds recording cumulative inflows of just $2.4 billion compared to Bitcoin’s ( BTC ) $38 billion. You might also like: Can XRP price rise to $5 if the SEC approves Ripple ETFs? Furthermore, the Ethereum Foundation has been selling coins , a move investors view as a red flag. Ethereum has also lost market share in industries like decentralized finance and gaming to other layer-1 and layer-2 networks like Base, Arbitrum, and Solana. These concerns have even led Charles Hoskinson, Cardano’s founder, to predict that Ethereum will not survive for another 10 to 15 years. Moreover, Ethereum is not generating as much revenue as it did in the past. It has produced $245 million so far this year, significantly lower than the revenue of other networks, including Lido, Uniswap, Solana, Jito, Circle, and Tron. The weekly chart shows that Ethereum price may drop to $1,000 ETH price chart | Source: crypto.news The recent Ethereum price rebound may be part of a dead cat bounce or a bull trap, as the weekly chart suggests further downside. It formed a triple-top chart pattern at $4,010, its highest level in March, May, and November last year. The neckline of this pattern is at $2,130, its lowest swing since August 5. The distance between the triple-top point at $4,010 and the neckline was about 47.26%. Measuring that distance from the neckline at $2,130 suggests the next target could be around $1,093. A drop below that level would point to further downside toward the psychological level at $1,000. The bearish outlook toward $1,000 would become invalid if the coin jumps above the neckline at $2,130. You might also like: Vaulta and Ultra join forces to power the future of web3 gaming

Most Read News

Market Cap
24h Vol
63.83%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.