The past few months have been quite turbulent for Ethereum (ETH), whose price currently hovers at around $3,100. The big question now is whether the asset can make a final pump for the year and tap $4,000 by Christmas, or it might be headed toward a major retreat to $2,000.
To gain additional insight, we turned to four of the most widely used AI-powered chatbots to give their two cents on the matter.
An Increase Seems More Plausible
ChatGPT estimated that a rally is the more likely scenario, making a vital disclaimer that it is not guaranteed. It pointed out that the final quarter has historically been stronger for crypto than disastrous, suggesting that many traders are already cautious due to the recent volatility, which reduces the odds of a sudden crash.
“By Christmas, Ethereum is more likely to challenge the upside than suffer a deep collapse, unless something breaks at the macro or Bitcoin level,” it added.
ChatGPT claimed the chance of an ascent to $3,200 – $3,600 by December 25 is 45%, whereas a push beyond $4,000 is 25%. Tanking below $2,000 was estimated at around 10%.
Grok, the AI chatbot integrated within X, argued that a plunge to $2K on Christmas seems ridiculous and would only be possible in the event of a black swan event like regulatory crackdowns or macroeconomic shock.
That said, it predicted that a pump to $4,000 appears more plausible and will heavily depend on BTC’s performance and potential investor enthusiasm during the final days of the year.
‘A Million-Dollar Crypto Question’
Perplexity agreed with ChatGPT and Grok and also envisioned the rise to $4K as the more likely option. At the same time, it argued that bearish risks persist and a decline below $2,800 is not out of the question. Still, it doesn’t see how ETH can plummet to $2,000 without a shocking event like the meltdown of a popular exchange or another devastating factor.
Google’s Gemini described the dilemma as “a million-dollar crypto question.” It estimated that a pump to $4,000 can be triggered by a sudden wave of FOMO (Fear of Missing Out) or a broader “Santa rally” for the entire crypto market. The unexpected approval of additional spot ETH ETFs or a massive institutional purchase may also have the same effect. It claimed that the odds of a drop to $2,000 are 29%, making this the less likely scenario, but still possible under some critical conditions.
The post $4K Rally or $2K Crash? 4 AIs Speculate What Is More Likely for ETH by Christmas appeared first on CryptoPotato.
