Machine Learning Model Flags Ethereum for $1,500 Nosedive—Fourth Consecutive Red Monthly Close Sparks Bearish Algorithmic Forecast
Another month, another red candle—Ethereum’s price action just triggered a machine learning sell signal screaming ’oversold’ into the void. The model, trained on historical dump cycles, predicts a plunge toward $1,500 unless bulls stage a miracle reversal.
Four straight months of losses haven’t been seen since the 2018 crypto winter. But hey, at least the algo didn’t predict a sub-$1K bottom—progress by Wall Street’s comically low standards.
Key resistance now sits at $3,200, a level that might as well be Mount Everest given current liquidity. Meanwhile, leverage traders keep front-running the supposed ’bottom’ like clockwork—because what’s a crypto cycle without a few liquidations to keep things spicy?
Ethereum Price Crash To $1,526 Incoming
According to CoinCodex’s latest Ethereum price prediction, ETH is expected to decline by 16.47% over the coming weeks, potentially reaching $1,526.06 by June 2, 2025. This bearish projection comes amidst a turbulent market cycle in which investor sentiment and confidence have wavered due to rising macroeconomic pressures and unexpected declines in Bitcoin.
Notably, Ethereum’s technical outlook continues to deteriorate as it just wrapped up its fourth consecutive monthly red candle. Cryptorank’s data shows that Ethereum experienced a dip of 1.27% in January, followed by sharper losses of 32.2% in February and 18.4% in March. The downtrend continued into April, with the cryptocurrency closing the month in red with another 1.58% decline.
Despite brief intra-month rallies that saw its value rise sharply, Ethereum has consistently failed to sustain gains, closing each month with rising selling pressure and leading the wider market drawdown. CoinCodex’s data further paints a grim picture, highlighting that the top altcoin has recorded 16 green days out of the last 30, signaling unstable market strength. Its price volatility, measured at 6.43%, also reflects a choppy market that lacks clear bullish conviction.
Moving forward, CoinCodex not only predicts that Ethereum could break down to $1,526 but also expects a steeper price crash to $1,447.96 by August 1, 2025. This would represent a decline of approximately 20.75% from current market prices.
The machine learning algorithm has declared that broader market sentiment for ETH is currently bearish, implying that traders and investors still anticipate further corrections and limited upward momentum in the NEAR term. Overall, this indicates a cautious outlook for Ethereum’s price prospects.
CoinCodex Says Now Is A Bad Time To Buy ETH
Given its bearish forecast for the Ethereum price, CoinCodex suggests that now may not be the best time to buy Ethereum. Interestingly, while investor sentiment remains cautious, the Fear and Greed index is at 65, reflecting a state of “Greed” and suggesting that market Optimism may be outpacing the underlying bearish fundamentals.
Building on this, crypto whales are still buying ETH in droves, capitalizing on low prices despite the possibility of a continued downtrend. Recent reports reveal that a single whale purchased 30,000 ETH tokens worth approximately $54 million.
With price momentum fading and macro uncertainty still high, ETH bulls may need to wait for market stabilization and clearer reversal signals before re-entering the market. According to CoinMarketCap’s data, the Ethereum price is currently trading at $1,827, marking a yearly decline of over 38%.
