Mark RadarMARK RADAR
About
EN
Sign in

Standard Chartered Backs Ether at $4,000 as Retail Buyers Flood In Below $2,000

3 reports · First detected 2026-05-28 · Last active 2026-05-29

Ether is the native asset of the Ethereum network. Its price reflects not only broader crypto market sentiment but also demand for onchain transactions, stablecoins and asset tokenization. Standard Chartered believes these fundamentals are not yet fully reflected in the token's price and has maintained its long-term bullish outlook, though derivatives positioning points to elevated near-term risk.

Standard Chartered recently reiterated its Ether price targets of $4,000 by the end of 2026 and potentially $40,000 by 2030. Retail inflows accelerated after the price fell below $2,000. However, short positions in futures rose to an all-time high, showing that investors are still betting on further declines and that a price floor has yet to be confirmed.

All Coverage

3 original reports

The Backstory

The history behind this event
Ether Traders Expect ETH to Hold Above $1,8002026-04-10 · 1 reports · similarity 0.82

Ether (ETH) is the native asset of the Ethereum blockchain, and traders view $1,800 as a key support level. An onchain profitability indicator has fallen to historically low levels, suggesting that much of the short-term selling pressure may have been exhausted. If the price holds, the market would have more reason to conclude that the current correction is nearing a bottom.

The latest onchain data shows stronger buying support for ETH around $1,800, while the spent output profit ratio (SOPR) indicates that investors have recently sold at a loss amid panic. Similar periods of concentrated loss realization have often preceded price reversals, leading traders to expect ETH to hold $1,800 in the short term and build momentum for a rebound.

Mark Radar|MARK RADAR

If you search news on Google, you can set Mark Radar as a preferred source—our coverage will show up more often in your results. Set as preferred source on Google →

All times are in Taipei time (GMT+8)