Machine Learning Algorithm Predicts Ethereum Price Crash After 4 Red Months Closed $1,500
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Ethereum prices may Facing another major collapseas a machine learning algorithm, COINCODEX, predict Rapidly dropping to $1,500. Tolerate four consecutive months Side-directed trading And bearish, technical indicators and emotional data are flashing warning signs that corrections will be made in the coming weeks.
Ethereum price crashes to $1,526
Based on CooceDox’s latest Ethereum price forecast ETH is expected to decline In the next few weeks, in the 16.47% range, by June 2, 2025, it is possible to reach $1,526.06. This bearish forecast emerges during a volatile market cycle as investor sentiment and confidence grow as a result of the rise Macroeconomic pressure Bitcoin fell unexpectedly.
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It is worth noting that Ethereum’s technological prospects continue to deteriorate as it just held its fourth monthly red candle for the fourth time in a row. Cryptorank data It shows that Ethereum fell by 1.27% in January, followed by sharper losses of 32.2% in February and 18.4% in March. The downward trend continued until April, with cryptocurrencies ending in red, down another 1.58%.
although A brief monthly meeting This has caused its value to rise sharply, and Ethereum has been failing to maintain growth, and every month it will increase with sales pressure and Leading the broader market trends. Coincodex data further paints a grim picture, highlighting the 16-day green days recorded in the last 30, indicating an unstable market intensity. Its price volatility is 6.43%, which also reflects the A turbulent market This lacks obvious bullish beliefs.
Looking ahead, Concodex not only predicts that Ethereum may break down to $1,526, but also expects the price to fall to $1,447.96 by August 1, 2025. This will drop by about 20.75% from the current market price.
Machine learning algorithms announce broader market ETH’s emotions are currently bearishwhich means traders and investors are still expecting further corrections and limited upward momentum in the short term. Overall, this suggests cautious outlook for Ethereum price outlook.
Concodex says now is a bad time to buy ETH
Given it Predictions of bearish Ethereum priceConincodex believes that now may not be the best time to buy Ethereum. Interestingly, although investors’ sentiment is still cautious, Fear and Greed Index Now 65 years old, reflects a state of “greed” and shows that market optimism may outweigh the basic bearish fundamentals.
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On this basis, crypto whales are still struggling to buy ETH, taking advantage of the low price, although it may continue to decline. Recent Report Revealed that a whale purchased 30,000 ETH tokens worth about $54 million.
and Price momentum fade Macro uncertainty remains high, and the ETH Bulls may need to wait for market stability and clearer reversal signals before re-entering the market. According to CoinMarketCap, Ethereum price is currently trading at $1,827, with the standard falling by more than 38%.
Featured images from Unsplash, charts from TradingView.com
