Ethereum: 56% Odds of Sub-$2,000 Drop by May End
Ethereum faces 56% probability of crashing below $2,000 by month-end per Polymarket. Current price at $2051.61 shows bearish EMA structure and MACD death cross on 4h chart.
SourceAnalysis
Polymarket assigns a 56% chance that Ethereum drops below $2,000 before May closes, reflecting fresh trader bets on continued downside.
Ethereum trades at $2051.61 while price action tests the lower Bollinger band support at $2052.84. The 4h structure remains bearish with EMA50 resistance at $2112.16 and EMA200 at $2206.62 capping any bounce. MACD registers a clear death cross at -11.55, confirming momentum loss, while RSI at 36.69 stays neutral and leaves room for further selling pressure. This confluence points to a likely retest of sub-$2,000 levels before any sustained recovery attempt. ETH price prediction models now align with the on-chain market odds.
Polymarket
@PolymarketTrade politics, news, culture & tech.