Ethereum price prediction markets are turning more bearish, with traders now putting high odds on ETH▼$1,771.71 falling to $1,500 this year.
Ethereum (ETH) Market Data
| Market Cap | $214.19B |
|---|---|
| Fully Diluted Valuation (FDV) | $214.19B |
| Volume (24h) | $30.62B |
| Volume / Market Cap | 0.1430 |
| Circulating Supply | 120.68M ETH |
| Total Supply | 120.68M ETH |
| Max Supply | — |
| All-Time High (ATH) | $4,946.05 |
| All-Time Low (ATL) | $0.4330 |
Ethereum price predictions are turning more bearish, with traders on Polymarket and Kalshi now paying more attention to whether ETH falls to $1,500 this year than whether it reclaims higher levels.
As of press time, traders on Kalshi are pricing a 73% chance that Ethereum falls below $1,500 by the end of the year. The same market shows a 59% chance of ETH falling below $1,250 and a 32% chance of a move below $1,000.
Read also: Strategy’s Model: BitMine Launches $300M Preferred Stock to Fund Ethereum Purchases
Polymarket is showing a similar downside skew as traders are pricing a 76% chance that ETH touches $1,500 before 2027. The same market shows a 27% chance of ETH touching $1,000 and even a 19% chance of ETH falling to $800 before 2027.
Ethereum Downside Bets Rise
The bearish pricing stands out as upside targets are getting much lower odds. Polymarket traders are pricing only a 17% chance that Ethereum hits $3,500 before 2027, while the odds of $4,000 and $4,500 sit at 13% and 10%, respectively.
The shift also follows a wider crypto selloff, with Bitcoin falling down to $61,000 toward April levels and leveraged traders getting hit across the market.
ETH has been under the same pressure, trading around the $1,700 area, per data from Bitcoin Foundation’s price tracking page.
Even with all the downward pressure, some folks are still optimistic. Tom Lee, head of research at Fundstrat and chairman of Bitmine, an Ethereum treasury and staking company, told the Proof of Talk conference in Paris that ETH could still eventually reach $250,000 if tokenization and AI push more financial activity onto Ethereum.
As Lee argued, “if you are bearish today, you are selling at the bottom,” adding further that corporate validators such as Bitmine could become bigger stewards of the Ethereum network.
Read more: Ethereum Price Prediction 2026. Will ETH Reach New All-Time Highs in May?
