{"id":50876,"date":"2026-05-28T13:12:14","date_gmt":"2026-05-28T13:12:14","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/50876\/"},"modified":"2026-05-28T13:12:14","modified_gmt":"2026-05-28T13:12:14","slug":"standard-chartered-says-ethereum-could-20x-after-eths-brutal-crash-below-2000","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/50876\/","title":{"rendered":"Standard Chartered Says Ethereum Could 20X After ETH\u2019s Brutal Crash Below $2,000"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">Standard Chartered reaffirmed its $40,000 Ethereum (ETH) target for end-2030, with the bank holding the call even as ETH slipped below $2,000 for the first time since late March.<\/p>\n<p class=\"yf-1fy9kyt\">Global Head of Digital Assets Research Geoff Kendrick compared Ethereum&#8217;s slump to Amazon during the 2001 dot-com bust. He argued the network&#8217;s internal metrics keep improving while its token price decouples.<\/p>\n<p>         Bezos Analogy and Long-Term Forecast    <\/p>\n<p class=\"yf-1fy9kyt\">Kendrick reaffirmed targets of $4,000 for ETH by end-2026 and $40,000 by end-2030. He laid out the call in a research note circulated to clients.<\/p>\n<p class=\"yf-1fy9kyt\">Transaction counts and total value locked (TVL) sit near all-time highs in ETH terms, per the note. That contrasts with ETH below $2,000 today and a 57% drop from the August 2025 record of $4,946.<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/05\/39115d3358357d7e45006bb663fd49fa.png\" alt=\"Ethereum (ETH) Price Performance\" loading=\"eager\" height=\"482\" width=\"960\" class=\"yf-lglytj  loaded\"\/> Ethereum (ETH) Price Performance. Source: BeInCrypto      <\/p>\n<p class=\"yf-1kwbn3\">&#8220;I view ETH\u2019s performance very much as Jeff Bezos described AMZN share price during the 2001 tech bubble burst,&#8221; Kendrick wrote.<\/p>\n<p class=\"yf-1fy9kyt\">The Standard Chartered executive framed the divergence with a 2018 Jeff Bezos speech about the 2001 Amazon stock crash.<\/p>\n<p class=\"yf-1kwbn3\">The stock is not the company. And the company is not the stock. And so, as I watched the stock fall from $113 to $6, I was also watching all of our internal business metrics&#8230; every single thing about the business was getting better,&#8221; Bezos had said.<\/p>\n<p class=\"yf-1fy9kyt\">Follow us on X\u00a0to get the latest news as it happens<\/p>\n<p class=\"yf-1fy9kyt\"><iframe loading=\"lazy\" title=\"The stock is not the company and the company is not the stock | Jeff Bezos\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/57xQyBTTofo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p class=\"yf-1fy9kyt\">He noted Amazon shares have multiplied roughly 1,000 times since 2001 once adjusted for splits.<\/p>\n<p class=\"yf-1fy9kyt\">Geoff Kendrick also projects stablecoin market capitalization will rise sixfold by end-2028.<\/p>\n<p class=\"yf-1fy9kyt\">Tokenized real-world assets could multiply fiftyfold over the same period, with Ethereum hosting 50% to 65% of both segments.<\/p>\n<p>      Retail Buys, Institutions Sell, Shorts Pile In    <\/p>\n<p class=\"yf-1fy9kyt\">Even as the Ethereum price falls below $2,000, the ETH\/BTC ratio dropped to a five-year low around 0.027.<\/p>\n<p class=\"yf-1fy9kyt\">Santiment data flagged a wave of retail &#8220;buy the dip&#8221; orders once the $2,000 level broke. Institutional flows moved the other way.<\/p>\n<p class=\"yf-1kwbn3\">&#8220;Retail has erupted with &#8220;buy the dip&#8221; calls toward ETH as a result of this drop below a key psychological support level. This typically means the price may have a bit further to fall, due to the crowd (which usually gets calls wrong) being too optimistic,&#8221; Santiment analysts predicted.<\/p>\n<p>     <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Ethereum Buy The Dip FOMO\" loading=\"lazy\" height=\"540\" width=\"960\" class=\"yf-lglytj loader\"\/> Ethereum Buy The Dip FOMO. Source: Santiment on X      <\/p>\n<p class=\"yf-1fy9kyt\">The Polymarket prediction market now prices a 54% probability of ETH closing below $1,500 this year. That bet is backed by $6.4 million in trade volume.<\/p>\n<p class=\"yf-1fy9kyt\">Positioning, however, looks crowded on the short side. Rising open interest and positive funding rates create roughly $2 billion of short squeeze exposure.<\/p>\n","protected":false},"excerpt":{"rendered":"Standard Chartered reaffirmed its $40,000 Ethereum (ETH) target for end-2030, with the bank holding the call even as&hellip;\n","protected":false},"author":2,"featured_media":50877,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21387],"tags":[418,25405,24500,25404,11022,22793,20677],"class_list":["post-50876","post","type-post","status-publish","format-standard","has-post-thumbnail","category-standard-chartered","tag-amazon","tag-bezos-analogy","tag-ethereum","tag-geoff-kendrick","tag-jeff-bezos","tag-kendrick","tag-standard-chartered"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116652378933289538","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/50876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=50876"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/50876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/50877"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=50876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=50876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=50876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}