Standard Chartered Says Ethereum (ETH) Will Reach $4,000 This Year. But It Will Fall Further First
2026-03-03 05:20:00 ET
Ethereum (CRYPTO: ETH) is under pressure. It has fallen by more than 30% year to date -- the worst start to a year since it launched in 2015. There's increasing talk of a crypto winter, and unfortunately, it looks like things could get worse before they get better. Yet there are good reasons to think matter will improve.
A recent note from Standard Chartered (LSE: STAN) says that Ethereum could fall to as low as $1,400 before rebounding. Ethereum now trade for about $2,000, suggesting it could fall by another 30%.
The investment bank sees further near-term losses for major cryptocurrencies, citing sinking values of cryptocurrency exchange-traded funds (ETFs) holdings, meaning that many holders are underwater. Prices are unlikely to recover until the Federal Reserve lowers interest rates further, which doesn't look likely until at least June.
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