Key Insights:
- Ethereum price continues to decline as bearish momentum strengthens and market sentiment remains largely negative across the crypto space.
- Economist Peter Schiff warns that Ethereum could fall below $1,000 due to weak fundamentals and poor technical indicators.
- Schiff compares the current trend to Ethereum’s June 2022 price drop and shows no strong recovery signs.
Ethereum faces worsening market conditions as bear pressure increases while sentiments throughout the crypto sphere remain negative. Market analysts detected escalating sell pressure in the wake of price drops. That’s causing Ethereum to sink under crucial price points. The market’s failure to restore prices has strengthened warnings about additional price decreases.
Economist Peter Schiff made public predictions about additional price declines. He used technical and historical data to justify his views.
During previous market conditions, Ethereum had demonstrated vulnerability. Schiff made this observation especially relevant to its June 2022 price decline. According to him, Ethereum faces additional depreciation because strong fundamental metrics and network indicators are missing.
As per Peter Schiff, the present performance of ETH indicates worsening conditions compared to Bitcoin, which he supports by referring to unfavorable ETH/BTC value trends.
Ethereum continues to suffer losses against Bitcoin, which contribute to sustained fearful predictions for its future. According to Schiff, Ethereum provides minimum value when gold standards represent its price.
Peter Schiff Predicts Deeper Ethereum Price Crash
Ethereum experienced critical price drops across the weekend, forcing its value down to $1,400 until a slight price increase stabilized it. According to Schiff, the Ethereum token faces downward potential. It will push ETH price under the $1,000 mark because of consecutive market weakness.
The altcoin market is facing persistent challenges, and Ethereum feels more downward pressure because of this situation.
The recent market adjustment proves a 20% one-day reduction, which reveals the severity of the current selling activity. According to Schiff, history shows that such price corrections tend to repeat themselves, and he forecasts a future market crash. He confirms that Ethereum holds vulnerable price patterns because no significant support points are nearby.
The distance to resistance points is extensive enough to keep recovery efforts fragile and motionless. The trend for Ethereum markets continues downward, largely undeterred by brief daily rises in value.
Schiff bases his analysis on a widespread economic weakness that significantly pressures cryptocurrency value assessments.
Ethereum Weakens Against Bitcoin and Gold
Ethereum is worse than Bitcoin in terms of market performance, given that the ETH/BTC pair has been demonstrating continuous downward movement for multiple weeks. According to Schiff, this indicates that investor faith has weakened while money returns to Bitcoin.
He bases his belief on the current ETH/BTC downtrend to show that Ethereum faces intensified selling pressure compared to other leading digital assets.
Schiff labeled Ethereum charts the worst among all other benchmarks based on the gold-based technical analysis. The ratio strongly rejects expected support levels, backing up future price projection forecasts for continued decline. This indicates that Ethereum has minimal actual value in digital marketplaces.
All price indexes show declining values for Ethereum, which indicates a fundamental technical problem with its underlying system. According to Schiff, the current market trend of Ethereum matches past breakdowns, which led to subsequent price decreases.
The continuing price weakness between Ethereum and digital and traditional assets could result in significant depreciation for Ethereum.
ETH Struggles Below Key Support Levels
The 24-hour price movement of Ethereum demonstrates its current value of $1,556.3, a 1.45% decline since yesterday. Ethereum tokens rallied to $1,636.7 throughout this period before falling to $1,411.2. Market instability demonstrates bearish dominance because Ethereum cannot maintain its basic short-term price support.
Ethereum has experienced a continuous price decline since March 2025, giving up consecutive important support levels. The asset is currently at levels beneath the major exponential moving averages. That indicates sustained negative market sentiments for the long term.
Ethereum’s current price position shows deep weakness. That’s because it rests far below all four exponential moving averages, which stay at elevated levels.
Technical indicators validate negative readings because Ethereum is in an oversold region at a Relative Strength Index (RSI) value of 27.40. The average measured by RSI is 37.49, which indicates that brief-term market energy remains inadequate.
Even though Ethereum remains in an oversold condition, no definitive indications of a market rebound have been established.
The MACD indicator indicates that additional price decline risks persist because it shows an expanding difference between its MACD and Signal lines. The MACD line shows -123.9, and the Signal line shows -106.0 to indicate higher bearish divergence patterns.
Market data, through a histogram, reveals extensive selling pressure at -18.0, thus demonstrating the absence of a bullish trend.
