Polymarket: Ethereum 56% Odds Below $2000

Polymarket assigns Ethereum a 56% probability of plunging below $2,000 by month-end while ETH holds at $2111.38.

Price action on the 4-hour chart shows the asset testing lower Bollinger Band support at $2114.95 beneath a bearish structure defined by the EMA50 at $2243.77 and EMA200 at $2265.41. Oversold RSI at 22.5 and a MACD death cross at -33.37 point to exhaustion that could trigger a short relief bounce before any deeper decline, consistent with this ETH price prediction.

Historical moves below $2000 support have often coincided with broader Bitcoin weakness in the past year.