BREAKING
372d 16h ago

Standard Chartered Bank Warns of Continued Structural Decline for Ethereum, Slashing 2025 Price Target to $4,000

ETH

ETH/USDT

$2,065.36
-4.16%
24h Volume

$11,341,264,445.51

24h H/L

$2,157.00 / $2,050.12

Change: $106.88 (5.21%)

Long/Short
69.3%
Long: 69.3%Short: 30.7%
Funding Rate

-0.0036%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,066.20

-0.90%

Volume (24h): -

Resistance Levels
Resistance 3$2,233.72
Resistance 2$2,166.33
Resistance 1$2,083.64
Price$2,066.20
Support 1$2,063.38
Support 2$1,916.14
Support 3$1,747.80
Pivot (PP):$2,081.18
Trend:Uptrend
RSI (14):46.9

According to a recent report by Standard Chartered Bank dated March 17th, the outlook for Ethereum remains challenging, leading to a significant downward revision in its price target from $10,000 to $4,000 by the end of 2025. As of now, Ethereum is trading around $1,903, illustrating its vulnerabilities in a fluctuating market. The report highlights that Ethereum, while still dominant in several areas, is experiencing a decline in its market share, primarily due to the emergence of Layer 2 solutions and their impact on Ethereum’s valuation.

Geoff Kendrick, Director of Digital Asset Research at Standard Chartered, noted the risk factors affecting Ethereum’s long-term viability, suggesting that despite its current hurdles, the anticipated tokenization of real-world assets might facilitate recovery. Kendrick posits that Ethereum’s security features are likely to maintain its competitive edge, potentially allowing it to uphold an 80% market share among digital assets.

Furthermore, the bank projects a drop in the ETH/BTC ratio to 0.015 by the end of 2027, marking a significant low since 2017. While a general market uplift from Bitcoin’s advancements may aid Ethereum’s revival, its ongoing underperformance underscores the challenges the platform faces.

Share News:
Don't Miss Breaking News