Full record

Misscrypto

Ethereum forms lower highs and trends downward overall through the end of 2023

A scored prediction by Benjamin Cowen, made on .

VideoQuote from the original sourcecryptomarkets

Scored prediction

Misscrypto

I will say my general expectation is that we put in lower highs okay so that doesn't mean that ethereum can't at all move back up right I mean it probably will throughout the prehabbing year at various phases but the general direction should be down

Ethereum forms lower highs and trends downward overall through the end of 2023

Made on
2023-09-10
Outcome
Miss
Importance
3 / 5
Effect on score
-0.84

What counted as right

Status
resolved
Settled on
2023-12-31

Ethereum exhibits a lower-highs structure and closes 2023-12-31 net lower than its 2023-09-10 price

Criterion required a lower-highs structure AND a 2023-12-31 close net lower than the ~$1,570-1,630 level of 2023-09-10. Both fail: ETH closed ~$2,290, ~40%+ above the made_on price, with an uptrending Q4. Exact daily closes vary a few dollars by exchange/source but the direction (up, not down) is unambiguous.

Sources

  • Ethereum Outlook

    YouTube ·

    Source

Evidence of what happened

  • ETH rose over Q4 2023 rather than trending down. It traded around $1,550-$1,630 near the made_on date (2023-09-10), rallied through October to ~$1,800-$1,900, and closed 2023 around $2,280-$2,300 (ETH up ~91% on the year). The 2023-12-31 close was materially HIGHER than the 2023-09-10 price, and Q4 made higher highs, not lower highs — contradicting the 'lower highs / trends downward / closes net lower' criterion.

    Evidence

  • October 2023 ETH rally: price recovered from sub-$1,600 to nearly $1,900, its highest since July 2023, then continued higher into year-end on spot-ETF anticipation — a clear uptrend structure over the prediction window.

    Evidence

Corrections

  • tags: Claim subject is a cryptocurrency (ETH) price/trend; crypto is primary for a coin price bet, markets carried secondary to keep the market-timing track continuous.

Effect on the score

-0.84
How sure they sounded
80%
Outcome
Miss
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 forms lower highs and trends downward overall thro…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2023-09-10

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