The post Moon or Doom: Will Ethereum Defy Bitcoin Drop and Bearish Signals? appeared on BitcoinEthereumNews.com.

In brief ETH trades at $3,473 after gaining 1.69% today, but prediction markets tell conflicting stories about what’s next. Bulls point to $6.4 billion in recent whale accumulation and strong fundamentals. But several technical indicators suggest downside is more likely. As the crypto market loses steam, and the price of Bitcoin falls to lows not seen since early summer, traders are eyeing up alternative assets: Where does the price of Ethereum, the second-largest crypto asset by market, go next? Ethereum, which trades as ETH, opened today at $3,415.8 and has climbed to $3,473.2—a modest 1.69% gain that’s doing little to ease the tension around where ETH heads next. Prediction markets tell differing stories, and the charts suggest one of narratives may be suffering from some serious hopium. On Myriad, a predictions market built by Decrypt’s parent company Dastan, users have placed 65% odds on Ethereum pumping to $4,000 before dumping to $2,500. On a separate market on Myriad, though, users say there’s a 79.1% chance ETH won’t make it to $5,000 by year’s end. That might seem like a disconnect, but it’s a reflection of how much momentum the crypto market has lost in just the past couple months.  Bitcoin dominance has surged to 60%, meaning BTC has gained a 60% market share over competing assets, creating a “Bitcoin Season” that suffocates altcoins. The Fear & Greed Index sits at 24, firmly in fear territory and down from 38 a month ago. Typically, what Bitcoin does altcoins follow. And when prices go down, Bitcoin tends to be the more predictable, stable option. Traders, then, will “hedge” from the risk of more volatile assets (think Dogecoin, Solana, or even meme coins), and set their eyes on more stable options like Bitcoin, stocks, or commodities. So is Ethereum on a path to a new moon…

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Filed under: News - @ November 13, 2025 1:32 am