Ethereum prices are possible Face another important crash,As a machine learning algorithm, cocincodex, I’ll predict A sharp decline to $1,500. After enduring for four months in a row Horizontal trading And bearish closures, technical indicators and sentiment data are flashing warning signs of immediate revisions in the coming weeks.
Ethereum price collides with $1,526
According to Coincodex’s latest Ethereum price forecast, ETH is expected to decrease It could reach 16.47% in the coming weeks, and $1,526.06 by June 2, 2025. Macroeconomic pressure An unexpected decline in Bitcoin.
In particular, Ethereum’s technical outlook continues to deteriorate as they put together four consecutive red candles each month. Cryptoran’s data It shows that Ethereum experienced a DIP of 1.27% in January, with a significant loss of 32.2% in February and 18.4% in March. The downtrend continued until April, with cryptocurrencies closing the month, dropping by 1.58%.
in spite of Meeting within a few months Its value rises sharply, Ethereum fails to maintain profits consistently, and sales pressure rises every month, Leading the drawdown of a wider market. Concodex’s data draws even more harsh pictures, highlighting that top Altcoin recorded 16 green days out of the last 30, indicating the strength of the unstable market. Price volatility measured at 6.43% also reflects a Choppy Market It lacks clear bullish beliefs.
Not only does Concodex predict that Ethereum could collapse to $1,526, but it also predicts a more sudden price crash of $1,447.96 by August 1, 2025, but it also represents a drop of about 20.75% from current market prices.
Machine learning algorithms declare a wider market My feelings about ETH are currently weakimplying that traders and investors are still anticipating further revisions and limited upward momentum in the near future. Overall, this shows a careful outlook on Ethereum’s price outlook.
CINCINCODEX says that now is a bad time to buy ETH
Considering that Bearish forecasts for Ethereum pricesCincodex suggests that now may not be the best time to buy Ethereum. Interestingly, investors’ feelings remain cautious; Indicators of fear and greed At age 65, he reflects a state of “greed,” suggesting that market optimism may outweigh the underlying bearish basics.
Based on this, Crypto whales still buy ETH in large numbers, taking advantage of the low prices despite the potential for a continuous downtrend. Recent Report It has revealed that a single whale has purchased 30,000 ETK tokens worth around $54 million.
and Price momentum is declining And, with macro uncertainty still high, the ETH Bulls may need to wait for market stabilization and a clearer inverted signal. According to CoinmarketCap data, Ethereum prices are currently trading at $1,827, with an annual decline of over 38%.
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