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Ethereum trades near 2017 levels, 14% below peak after inflation, seen as a 'cursed asset' by trader Pentoshi.

Market News
19 Jun 2026
Bitcoin
View Source
Bearish
pluang ai news

Ethereum's price has remained nearly flat over nine years, trading around $1,700, which is about 14% below its 2017 peak when adjusted for inflation. Popular trader Pentoshi called ether a "cursed asset" due to this stagnation, highlighting its 65% drop from the August 2025 all-time high of $4,946 and a 44% decline in 2026 alone. Despite this, Standard Chartered maintains a bullish long-term target of $40,000, citing factors like ETF demand, staking yields, and DeFi activity as potential growth drivers. The market awaits catalysts that could break this prolonged price stagnation.

More News (ETH)

AI predicts Ethereum price around $1,780 by July 1, 2026, with scenarios from $1,610 to $2,040.

AI predicts Ethereum price around $1,780 by July 1, 2026, with scenarios from $1,610 to $2,040.

AI models Grok and ChatGPT forecast Ethereum's price for July 1, 2026, averaging around $1,780. Grok predicts a conservative range from $1,600 to $1,880, based on ETF flows and support levels. ChatGPT is more bullish, projecting prices between $1,620...

Technical Signals
Neutral
5 hours ago
Arthur Hayes sells 6,000 Ethereum at a loss amid ETH price struggles near $1,700

Arthur Hayes sells 6,000 Ethereum at a loss amid ETH price struggles near $1,700

Arthur Hayes, co-founder of BitMEX, sold 6,000 Ethereum at $1,690 per coin, incurring a loss of about $606,000 as ETH struggles to hold the $1,700 support level. This move surprised investors since Hayes is known for buying low and selling high, rais...

Market News
Bearish
5 hours ago
Crypto markets see $298M liquidations amid Bitcoin ETF outflows, signaling broad deleveraging.

Crypto markets see $298M liquidations amid Bitcoin ETF outflows, signaling broad deleveraging.

Crypto markets experienced $298 million in leveraged liquidations, primarily in Bitcoin and Ethereum, alongside $90 million in outflows from U.S. spot Bitcoin ETFs. This reflects a broader trend of risk reduction and deleveraging across major cryptoc...

Market News
Bearish
9 hours ago
Bitcoin drops to $62,400 amid options expiry, liquidations, and concerns over corporate selling.

Bitcoin drops to $62,400 amid options expiry, liquidations, and concerns over corporate selling.

Bitcoin fell to around $62,400 following a volatile options expiry and significant liquidations, with nearly $136 million in BTC positions closed, mostly from long traders. Concerns over Strategy potentially selling $3-4 billion in Bitcoin to support...

Market News
Bearish
11 hours ago
Pi Network price falls below $0.13, hitting a new low amid bearish market pressure and rising exchange outflows.

Pi Network price falls below $0.13, hitting a new low amid bearish market pressure and rising exchange outflows.

Pi Network's price dropped below the key $0.13 support level, reaching a new low of around $0.1187 after a month-long decline wiping over 15% of its value. Increased selling pressure and higher outflows from exchange wallets indicate weak buyer confi...

Market News
Bearish
12 hours ago
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