Ethereum Price Analysis: Anticipated Movement and AI Forecasts
Ethereum (ETH) has recently faced a downward trend, experiencing a nearly 10% decline over the past week. This downturn can be attributed to a bearish technical pattern and a diminishing risk appetite across the digital asset market. Despite these challenges, artificial intelligence predicts a potential rebound for the second-largest cryptocurrency by market capitalization before the month concludes.
AI’s Ethereum Price Projection
OpenAI’s renowned language model, ChatGPT, forecasts that under a stable market scenario—characterized by the absence of unexpected economic shocks and consistent adoption—Ethereum might reach approximately $3,400 by the start of February. This projection suggests a 17% increase from its current valuation of around $2,905, potentially bringing it closer to its mid-November peak from the previous year.
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Bearish and Bullish Scenarios for Ethereum
In a more pessimistic outlook, should the overall market sentiment decline or crucial support levels fail to hold, Ethereum may experience a price drop. ChatGPT predicts that such a scenario could lead to a correction, potentially bringing prices down to around $2,400.
Conversely, if Ethereum maintains support above key moving averages, it could gain bullish momentum. Breaking through significant resistance levels near $3,447 might allow prices to ascend beyond $4,000 by early February.
Long-Term Ethereum Projections: Looking Ahead to January 2026
When asked to provide a central estimate for the future, the AI model reiterated the base-case scenario as the most plausible, predicting that Ethereum’s price could reach $3,400 by February 1.
Market Sentiment and Technical Indicators
While AI predictions are optimistic, market sentiment remains varied. Indicators such as the Commodity Channel Index (CCI) at −121.7 and the Stochastic Relative Strength Index (RSI) at 7.7 suggest potential for a short-term bounce, hinting at a possible price recovery.
However, not all indicators align with this optimism. The MACD indicator continues to signal a sell with a value of −52.9, and the 14-day RSI stands at 38.9, below the neutral threshold of 50. This suggests that while selling pressure may be easing, a definitive bullish trend has yet to emerge.
Traders are closely monitoring the $2,900–$3,000 support range as a critical point for determining whether the trend will continue or reverse as February approaches.
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