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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
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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.

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