{"id":3079,"date":"2024-07-06T02:00:48","date_gmt":"2024-07-06T02:00:48","guid":{"rendered":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/"},"modified":"2024-07-06T02:00:48","modified_gmt":"2024-07-06T02:00:48","slug":"doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why","status":"publish","type":"post","link":"https:\/\/cryptd.in\/zh_tw\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/","title":{"rendered":"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why"},"content":{"rendered":"

The crypto market is currently navigating through a turbulent phase, particularly for Ethereum, which has seen a significant downturn of nearly 15% in its value over the past week.<\/p>\n

Amid this negative price performance, Peter Schiff, a well-known economist and a skeptic of cryptocurrencies, has chosen to add salt to the wounds by projecting<\/a> a stark prediction for ETH. According to Schiff, Ethereum could plummet to as low as $1,500, marking a substantial decline from its current levels.<\/p>\n

Shiff\u2019s Bearish Outlook And Community Reaction<\/h2>\n

Schiff\u2019s prediction comes when Ethereum is trading below the previous crucial support of $3,000<\/a> mark, a sharp 30% fall from its peak above $4,500 in March.<\/p>\n

This decline coincides with heightened speculation surrounding the potential launch of an Ethereum spot exchange-traded fund (ETF)<\/a>, which seems to have triggered a premature sell-off among investors instead of propelling the price.<\/p>\n

Schiff\u2019s commentary suggests that the market\u2019s response to the ETF rumors has been to liquidate positions rather than hold, adding further downward pressure<\/a> on Ethereum\u2019s price.<\/p>\n

He expressed his view on Elon Musk\u2019s social media platform, X, stating, \u201cIt looks like those buying the Ethereum ETF rumors couldn\u2019t wait for the fact to sell,\u201d indicating a market driven by speculation rather than sustained investment confidence.<\/p>\n

While Schiff\u2019s bearish outlook has garnered attention, it has also sparked a mix of skepticism and agreement within the crypto community. Users have expressed varying opinions on social media platforms, with some questioning the technical basis of Schiff\u2019s $1,500 target.<\/p>\n

Others humorously noted that Schiff\u2019s pessimistic predictions often come at market bottoms, suggesting his views might inadvertently signal a buying opportunity. For instance, one user remarked<\/a> on the irony of Schiff\u2019s timing, indicating that his bearish predictions could contradict market sentiment indicators.<\/p>\n

thx for your inputs<\/p>\n

you do realize you only become relevant on this side of twitter as a bottom signal lol<\/p>\n

youre like those acoustic wif kids who had a stroke on stage the wif party as a top signal<\/p>\n

\u2014 agent pretzel (@agent_pretzel) July 5, 2024<\/a><\/p>\n

Ethereum Faces Critical Juncture<\/h2>\n

Ethereum is experiencing a significant downturn<\/a>, trading at $2,975\u2014a 4.2% drop over the past day. This decline and Bitcoin\u2019s similar trajectory have led to a 4.1% reduction in the global cryptocurrency market cap, erasing more than $200 billion in value.<\/p>\n

\u6839\u636e Coinglass<\/a>, this downturn has triggered substantial losses for traders, with 207,020 liquidations in the past day, totaling $576.53 million. Ethereum-related liquidations account for $134.58 million, predominantly from long positions.<\/p>\n

While Peter Schiff\u2019s outlook may seem too pessimistic amid these market conditions, another voice in the crypto analysis sphere, Inspo Crypto, offers a slightly more moderate view<\/a>.<\/p>\n

He notes that Ethereum\u2019s price has fallen to early May levels and suggests that the next 8-hour trading window could be crucial in determining the market\u2019s direction.<\/p>\n

If Ethereum can rise above these levels, it might potentially ease the bearish trend. However, failure to reach the $3,170 mark (which it already has) could lead to further declines, possibly down to $2,700, exacerbating losses across the altcoin market.<\/p>\n

$ETH<\/a> has broken down below $3,170. The next 8 hours (1D candle) will show whether the bulls have given up or not. If the price retraces back above, we should consider this a deviation. But if $ETH<\/a> instead retests the lower trend channel next at $3,170 unsuccessfully, it could\u2026 pic.twitter.com\/1msfKQBf2v<\/a><\/p>\n

\u2014 InspoCrypto (@InspoCrypto) July 4, 2024<\/a><\/p>\n

Featured image created with DALL-E, Chart from TradingView<\/p>","protected":false},"excerpt":{"rendered":"

The crypto market is currently navigating through a turbulent phase, particularly for Ethereum, which has seen a significant downturn of nearly 15% in its value over the past week. Amid this negative price performance, Peter Schiff, a well-known economist and a skeptic of cryptocurrencies, has chosen to add salt to the wounds by projecting a […]<\/p>\n","protected":false},"author":0,"featured_media":3080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nDoomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/zh_tw\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The crypto market is currently navigating through a turbulent phase, particularly for Ethereum, which has seen a significant downturn of nearly 15% in its value over the past week. Amid this negative price performance, Peter Schiff, a well-known economist and a skeptic of cryptocurrencies, has chosen to add salt to the wounds by projecting a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptd.in\/zh_tw\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/\" \/>\n<meta property=\"og:site_name\" content=\"cryptd.in\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-06T02:00:48+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u9810\u4f30\u95b1\u8b80\u6642\u9593\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 \u5206\u9418\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why\",\"datePublished\":\"2024-07-06T02:00:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/\"},\"wordCount\":580,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/DALL\u00b7E-2024-07-05-16.38.45-Create-a-dramatic-and-somber-featured-image-for-an-article-titled-Doomsday-for-Ethereum_-_A-Crash-Down-To-1500-Is-Coming_-Says-Skeptic-Heres-Why-vHDXuK.jpeg\",\"articleSection\":[\"Feeds\"],\"inLanguage\":\"zh-TW\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/\",\"name\":\"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why - cryptd.in\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/DALL\u00b7E-2024-07-05-16.38.45-Create-a-dramatic-and-somber-featured-image-for-an-article-titled-Doomsday-for-Ethereum_-_A-Crash-Down-To-1500-Is-Coming_-Says-Skeptic-Heres-Why-vHDXuK.jpeg\",\"datePublished\":\"2024-07-06T02:00:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/#breadcrumb\"},\"inLanguage\":\"zh-TW\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-TW\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/DALL\u00b7E-2024-07-05-16.38.45-Create-a-dramatic-and-somber-featured-image-for-an-article-titled-Doomsday-for-Ethereum_-_A-Crash-Down-To-1500-Is-Coming_-Says-Skeptic-Heres-Why-vHDXuK.jpeg\",\"contentUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/DALL\u00b7E-2024-07-05-16.38.45-Create-a-dramatic-and-somber-featured-image-for-an-article-titled-Doomsday-for-Ethereum_-_A-Crash-Down-To-1500-Is-Coming_-Says-Skeptic-Heres-Why-vHDXuK.jpeg\",\"width\":460,\"height\":460},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptd.in\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#website\",\"url\":\"https:\\\/\\\/cryptd.in\\\/\",\"name\":\"cryptd.in\",\"description\":\"Alternative LinkedIn for Crypto-friendly Talents\",\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptd.in\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"zh-TW\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\",\"name\":\"cryptd.in\",\"url\":\"https:\\\/\\\/cryptd.in\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-TW\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cryptdin_logo.jpg\",\"contentUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cryptdin_logo.jpg\",\"width\":900,\"height\":900,\"caption\":\"cryptd.in\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why - cryptd.in","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptd.in\/zh_tw\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/","og_locale":"zh_TW","og_type":"article","og_title":"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why - cryptd.in","og_description":"The crypto market is currently navigating through a turbulent phase, particularly for Ethereum, which has seen a significant downturn of nearly 15% in its value over the past week. Amid this negative price performance, Peter Schiff, a well-known economist and a skeptic of cryptocurrencies, has chosen to add salt to the wounds by projecting a […]","og_url":"https:\/\/cryptd.in\/zh_tw\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/","og_site_name":"cryptd.in","article_published_time":"2024-07-06T02:00:48+00:00","twitter_card":"summary_large_image","twitter_misc":{"\u9810\u4f30\u95b1\u8b80\u6642\u9593":"3 \u5206\u9418"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/#article","isPartOf":{"@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/"},"author":{"name":"","@id":""},"headline":"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why","datePublished":"2024-07-06T02:00:48+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/"},"wordCount":580,"commentCount":0,"publisher":{"@id":"https:\/\/cryptd.in\/#organization"},"image":{"@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/07\/DALL\u00b7E-2024-07-05-16.38.45-Create-a-dramatic-and-somber-featured-image-for-an-article-titled-Doomsday-for-Ethereum_-_A-Crash-Down-To-1500-Is-Coming_-Says-Skeptic-Heres-Why-vHDXuK.jpeg","articleSection":["Feeds"],"inLanguage":"zh-TW","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/","url":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/","name":"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why - cryptd.in","isPartOf":{"@id":"https:\/\/cryptd.in\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/#primaryimage"},"image":{"@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/07\/DALL\u00b7E-2024-07-05-16.38.45-Create-a-dramatic-and-somber-featured-image-for-an-article-titled-Doomsday-for-Ethereum_-_A-Crash-Down-To-1500-Is-Coming_-Says-Skeptic-Heres-Why-vHDXuK.jpeg","datePublished":"2024-07-06T02:00:48+00:00","breadcrumb":{"@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/#breadcrumb"},"inLanguage":"zh-TW","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/"]}]},{"@type":"ImageObject","inLanguage":"zh-TW","@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/#primaryimage","url":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/07\/DALL\u00b7E-2024-07-05-16.38.45-Create-a-dramatic-and-somber-featured-image-for-an-article-titled-Doomsday-for-Ethereum_-_A-Crash-Down-To-1500-Is-Coming_-Says-Skeptic-Heres-Why-vHDXuK.jpeg","contentUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/07\/DALL\u00b7E-2024-07-05-16.38.45-Create-a-dramatic-and-somber-featured-image-for-an-article-titled-Doomsday-for-Ethereum_-_A-Crash-Down-To-1500-Is-Coming_-Says-Skeptic-Heres-Why-vHDXuK.jpeg","width":460,"height":460},{"@type":"BreadcrumbList","@id":"https:\/\/cryptd.in\/doomsday-for-ethereum-a-crash-down-to-1500-is-coming-says-skeptic-heres-why\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptd.in\/"},{"@type":"ListItem","position":2,"name":"Doomsday for Ethereum? \u2018A Crash Down To $1,500 Is Coming,\u2019 Says Skeptic, Here\u2019s Why"}]},{"@type":"WebSite","@id":"https:\/\/cryptd.in\/#website","url":"https:\/\/cryptd.in\/","name":"cryptd.in","description":"\u53e6\u7c7b LinkedIn \u9002\u5408\u52a0\u5bc6\u4eba\u624d","publisher":{"@id":"https:\/\/cryptd.in\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptd.in\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-TW"},{"@type":"Organization","@id":"https:\/\/cryptd.in\/#organization","name":"cryptd.in","url":"https:\/\/cryptd.in\/","logo":{"@type":"ImageObject","inLanguage":"zh-TW","@id":"https:\/\/cryptd.in\/#\/schema\/logo\/image\/","url":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/05\/cryptdin_logo.jpg","contentUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/05\/cryptdin_logo.jpg","width":900,"height":900,"caption":"cryptd.in"},"image":{"@id":"https:\/\/cryptd.in\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/cryptd.in\/zh_tw\/wp-json\/wp\/v2\/posts\/3079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptd.in\/zh_tw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptd.in\/zh_tw\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptd.in\/zh_tw\/wp-json\/wp\/v2\/comments?post=3079"}],"version-history":[{"count":0,"href":"https:\/\/cryptd.in\/zh_tw\/wp-json\/wp\/v2\/posts\/3079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptd.in\/zh_tw\/wp-json\/wp\/v2\/media\/3080"}],"wp:attachment":[{"href":"https:\/\/cryptd.in\/zh_tw\/wp-json\/wp\/v2\/media?parent=3079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptd.in\/zh_tw\/wp-json\/wp\/v2\/categories?post=3079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptd.in\/zh_tw\/wp-json\/wp\/v2\/tags?post=3079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}