- Standard Chartered has revised Ethereum’s 2025 price prediction from $10,000 to $4,000 amid growing concerns about long-term performance.
- Ethereum’s price continues to fall within a descending channel, signaling weak buyer momentum and rising bearish control across technical indicators.
- MACD and moving averages show little strength in Ethereum’s price action, reinforcing ongoing speculation of another drop to $1,800 support level.
Ethereum’s price remains under pressure as it trades around $1,930, showing continued weakness in daily charts. Analysts note that the asset is following a descending channel pattern, often linked to prolonged consolidation or future declines.
Current indicators suggest limited buyer interest with MACD showing weakness and bearish momentum dominating recent sessions. Ethereum has remained below its 5-day and 200-day moving averages, adding to uncertainty over its near-term direction.
Market Sentiment Turns Cautious as ETH Struggles to Rebound
Ethereum presents continuous observation due to its indefinite resistance to upward movement within its range. The sentiment deteriorated since Ethereum fell beneath $2,000 which has raised questions about its ability to reach previous high values.
Analysis of support zones becomes crucial as market participants expect declining trends
An expert evaluation suggests Ethereum will check the lower support marks between $1,800 and $1,850 if its price continues to drop. Breakouts below this support zone will unleash more bearish momentum which will negatively affect long-term investors and holders.
Standard Chartered Revises Ethereum Forecast
Customers of Standard Chartered now anticipate Ethereum’s price to reach $4,000 for 2025 instead of their initial projection at $10,000. The bank mentioned that Ethereum faces numerous operational issues and structural obstacles which hinder its broader market uptake and adoption process.
The analysts described Ethereum’s current condition as a “mid-life crisis,” noting that newer platforms such as layer 2 Base have taken significant market share. They also highlighted the impact of the incoming Converge blockchain, which could further erode Ethereum’s dominance.
Foundation Urged to Take Bold Action to Preserve Relevance
Standard Chartered emphasized that a proactive shift by the Ethereum Foundation, such as implementing taxes on layer 2 networks, might help stabilize its market position. Without such changes, the report suggests Ethereum may struggle to maintain its valuation.
Ethereum-related ETFs have also faltered, with 21Shares set to liquidate its Bitcoin and Ethereum Futures ETFs. However, experts note that the upcoming Pectra activation on the mainnet could help push Ethereum toward recovery, with a possible rise to $5,000 if momentum returns.
