According to the model forecast ChatGPT from OpenAI, October 1 Ethereum (ETH) will trade below the key $5000 level.
As you know, at the end of August Ethereum ETH reached a new all-time high near $5000 but has since retreated, with the $4500 area remaining a key level to watch. At press time, ETH was trading at $4518, up roughly 5% over the past seven days.
According to ChatGPT, as of October 1, the second largest by market capitalization kriptovalyuta, will most likely trade in the range of $4800 to $5200.
It is noteworthy that this scenario has the highest probability, estimated at 40-50%, and depends on a steady inflow of funds into ETF, stable macroeconomic conditions and a decisive breakthrough of the resistance line at $4700–4800.
A more conservative model forecast suggests that Ethereum may stop below the $5000 threshold, consolidating in the range of $4500 to $4800. The probability of this outcome is 30–40%.
The artificial intelligence model also outlined a bearish scenario, suggesting a pullback to the $4300–$4400 zones with a probability of 10 to 20%.
ETH Price Prediction for October 1: Source: ChatGPT
A deeper fall below $4000 is considered extremely unlikely, no more than 10%. ChatGPT He noted that the implementation of such a scenario would require a significant deterioration in macroeconomic conditions or a serious tightening of regulation, which would discourage investors.