Full record
HitcryptoEthereum experiences a cooldown/correction in summer 2021.
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hitcrypto“my contention is that we're likely going to have a cool down phase for ethereum probably in the summer sometime in the summer”
Ethereum experiences a cooldown/correction in summer 2021.
- Made on
- 2021-05-10
- Outcome
- Hit
- Importance
- 3 / 5
- Effect on score
- +2.76
What counted as right
- Status
- resolved
- Settled on
- 2021-08-31
ETH undergoes a notable cooldown during Jun 1–Aug 31 2021 (peak-to-trough decline ≥20% or sustained sideways-to-down price action).
Criterion satisfied by either sub-condition: (a) peak-to-trough decline within the window >20% (actually >30%), and (b) sustained sideways-to-down action through June–July. Exact daily lows are on JS-rendered chart pages; the >20% magnitude is robust regardless of the precise intraday low. Value (o) not assigned.
Sources
Most Will Underestimate The Ethereum Tsunami!
YouTube ·
Evidence of what happened
Following the May 19, 2021 crash, ETH fell more than 40% and entered an extended correction. It traded down into the ~$1,700–$1,900 region during June–July 2021 (May 23 low ~$1,716; further lows on June 22 and around July 20), well below the ~$2,700 level at the June 1 window open — a peak-to-trough decline exceeding 30% during Jun 1–Aug 31.
Price-history sources confirm ETH spent June–July 2021 in a sideways-to-down consolidation far off its April/May highs, recovering only late in Q3 2021 before the November ATH.
Corrections
- tags: ETH price/movement call → 'crypto' primary, 'markets' secondary per closed tag dictionary.
Effect on the score
+2.76- How sure they sounded
- 80%
- Outcome
- Hit
- Importance
- 3 / 5
This page shows the scored prediction as published; the site doesn't recompute or adjust the score.
Where this came from
Ethereum experiences a cooldown/correction in summer 2021.- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2021-05-10
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources