Standard Chartered Bank Lowers Ethereum Price Expectations, Significant Short-Term Drop Possible
Standard Chartered Bank has lowered its price target for Ethereum by the end of 2026 from $7,500 to $4,000. According to NS3, the bank expects the price of Ethereum to drop to around $1,400 before rebounding later this year. This revised forecast indicates that Ethereum may experience a significant decline in the short term before a long-term rebound occurs.