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It can be the price ethereum Facing another big accidentAs a machine learning algorithm, coincodex, Expected A sharp decrease of about 1500 dollars. After carrying four consecutive months from Side trading Calm closure, technical indicators and feelings of feelings are signs of flashing warning to an imminent correction in the coming weeks.
Ethereum price decreased to $ 1526
According to the latest prediction of ETHEREUM CONCODEX prices, ETH is expected to decrease By 16.47 % in the coming weeks, it is likely to reach $ 1,526.06 by June 2, 2025. This declining drop comes in a turbulent market cycle in which investor morale and trust decreased due to a rise Overal economy pressures And an unexpected decrease in bitcoin.
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It is worth noting that the technical expectations of Ethereum are still deteriorating because they have just concluded a fourth red candle in a row. Cryptorank Data He explains that Ethereum witnessed a 1.27 % decrease in January, followed by 32.2 % more clear losses in February and 18.4 % in March. The demolition lasted until April, with the coded currency closed in a month in red with a decrease of 1.58 %.
Although Groups brief within the month Which witnessed the high value of its value, ETHEREUM has constantly failed to maintain the gains, closing each month with high sale pressure and Driving the wider market withdrawal. Conincodex data draws a bleak picture, with the highlight of the top of Altcoin has recorded 16 green days out of 30 years, indicating the strength of the unstable market. It reflects the volatility of the 6.43 % size, too Intermittent market That lacks a clear emerging conviction.
To move forward, Coincodex does not predict that ETAREUM may be divided into $ 1526, but also expects a decrease in the most severe prices to $ 1,447.96 by August 1, 2025. This will represent a decrease of approximately 20.75 % of current market prices.
The algorithm of machine learning announced that the broader market Feelings for ETH are currently decliningAnd, which means that merchants and investors still expect more valid corrections and momentum in the short term. In general, this indicates cautious expectations for Ethereum price prospects.
Coincodex says now is a bad time to buy ETH
give The firm expectations of ETHEREUM priceCoincodex notes that it may not be the best time to buy Ethereum. It is interesting, while the feelings of investors are still cautious, Fear and greed indicator He is 65 years old, which reflects a state of “greed”, indicating that market optimism may exceed the basic basic basics.
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Accordingly, encrypted whales still buy ETH in large numbers, and take advantage of the low prices despite the possibility of the lower direction. recently Reports It was revealed that one whale bought 30,000 ETH icons at a value of about $ 54 million.
with The price of the price is fading The uncertainty in the macro is still high, the bulls may need to wait for the stability of the market and the most obvious reflection signals before re -insertion of the market. According to Coinmarketcap data, the ETHEREUM price is currently trading at $ 1827, which represents an annual decrease of more than 38 %.
Distinctive image from Unsplash, Chart from TradingView.com
