ETH Predicted to Plunge from $10,000 to $800 in 2027

An expert has made a bullish yet scary prediction for Ethereum's price in 2027. According to the analyst, Ethereum will first reach an all-time high (ATH) of $10,000 before plummeting to as low as $800 due to a 'Black Swan' event.

The expert notes that since 2021, Ethereum has been moving sideways on its monthly chart and expects it to enter a distribution phase in 2026/27. The analyst predicts a strong move towards $10,500 based on Fibonacci levels, after which the market will point to a 'Black Swan' event.

The expert concludes that this scenario would completely confuse retail traders, causing them to scream that crypto is a scam. However, this is part of the game played by big players in the market.