Ethereum (ETH) Sentiment Turns Bearish: Traders Eye Potential $2.5K Drop
Market sentiment for Ethereum (ETH) has shifted to bearish, with prediction markets indicating a significant probability of a price decline to $2,500. According to reports, prediction markets are pricing in a 62.5% chance of this drop occurring. Despite the bearish outlook among traders, validator sentiment regarding the long-term prospects of Ethereum remains stable, according to the report. The development highlights a divergence in sentiment between short-term trading expectations and long-term network confidence.
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