Legendary commodities trader Peter L. Brandt has sparked waves across the crypto market with a bold prediction.
According to him Ethereum (ETH) could crash back to $800, revisiting its 2022 lows. Brandt, who’s been trading since the 1970s, shared a chart on social media that suggests a bearish trajectory for the second-largest cryptocurrency.
Chart Shows Classic Bearish Formation
The chart Brandt posted highlights a descending triangle pattern—a technical formation that often signals continued downward movement.
ETHUSD pic.twitter.com/pi73odO96z
— Peter Brandt (@PeterLBrandt) April 18, 2025
According to Brandt, this setup could send ETH sharply lower from its current levels, potentially triggering panic among investors and traders.
At the time of his post, Ethereum was trading well above $800, but Brandt’s analysis suggests that the bear market may not be over for ETH just yet.
Community Divided on Outlook
While some traders agree with Brandt’s technical reading, others believe Ethereum fundamentals—such as network upgrades, rising user activity, and growing developer interest—may prevent such a steep decline.
Still, Brandt’s long-standing reputation in traditional and crypto markets alike ensures his calls are closely watched.
Whether this prediction plays out remains to be seen, but it serves as a reminder of just how volatile—and technical—crypto markets can be.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/ethereum-price-prediction-from-peter-brandt/