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Standard Chartered cuts 2026 Ethereum price target 47% to $4,000 amid ETH slump below $1,800

Analyst Insights
04 Jun 2026
BeInCrypto
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Bearish
Standard Chartered cuts 2026 Ethereum price target 47% to $4,000 amid ETH slump below $1,800

Standard Chartered lowered its 2026 Ethereum price target by 47% to $4,000, citing a cyclical setback as ETH fell below $1,800. Despite this near-term cut, the bank maintains its long-term 2030 target of $40,000, expecting a recovery after a potential bottom near $1,400. The revision reflects broader crypto market pressures, with similar cuts to Bitcoin targets and ongoing Ethereum ETF outflows. The bank compares the current ETH slump to Amazon's 2001 crash, viewing it as a temporary washout rather than a structural failure, leaving room for a sharp rebound if market conditions improve.

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