ChatGPT has predicted the price of Ethereum by February 1, 2026
Ethereum (ETH) continued its weekly decline of 6% amid a bearish trend and reduced risk appetite among digital asset investors. Nevertheless, artificial intelligence (AI) forecasts that the second-largest cryptocurrency by market capitalization will correct upward by the end of the month.
ChatGPT’s large data processing model suggests that under a base-case scenario, which assumes no unexpected market shocks and stable adoption, Ethereum could trade around $3,400 by February 1.
The forecast implies a 17% increase from Ethereum’s current price of approximately $2,905, bringing the asset back within reach of its mid-November highs from last year.

ETH price change over 5 days. Source: Perplexity
In a more pessimistic scenario, where key support levels fail to hold, the price of ETH could fall further to $2,400.
If bullish momentum strengthens, the token would be able to maintain support above key moving averages. Should it break through higher resistance levels near $3,447, prices could rise above $4,000 by early February.

ETH price forecast. Source: ChatGPT
According to the machine learning algorithm, the base-case scenario appears to be the most likely; accordingly, ETH is expected to reach $3,400 by February 1.
Meanwhile, the Commodity Channel Index (CCI) at −121.7 and the stochastic Relative Strength Index (RSI) at 7.7 indicate exhaustion of the downward move.
MACD remains in sell mode at −52.9, while the 14-day RSI stands at 38.9, still below the neutral level of 50. This suggests that selling pressure may be weakening, but bullish momentum has not yet gained strength.
See also: "Bitcoin price today: rises above $89,000 ahead of the Fed decision"
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