Ethereum is faced with bearish speculation, currently standing at 1,800 USD, with forecasts suggesting a drop to 1,200 USD. 47.6% of holders remain profitable, the lowest since October 2023.

A trader profited 86 million USD by shorting Ethereum, while another sustained a loss of 5.21 million USD betting on price increases. Analysts have revised the price target for Ethereum to 4,000 USD, reflecting ongoing market challenges.