In early September 2023, the price movements of Ethereum and Bitcoin attracted significant attention in the crypto market. According to data released by a U.S. forecasting agency, Ethereum was assessed at a 9% probability of surpassing $3,500 by year‑end, while its potential increase was evaluated at 5%. In contrast, Bitcoin had a 19% chance of exceeding $10,000 by the end of December, and in late October it had a 7% probability of reaching $8,750.
Meanwhile, Ethereum’s year‑end target price has shifted significantly. As of September 22, the market had evaluated Ethereum’s year‑end target at 31%, but on August 28 it rose to 36% and currently sits around 9%. This appears to be a result reflecting both technical analysis and external factor changes.
Bitcoin also showed similar trends. According to data released by forecasting agency, Bitcoin had evaluated a 7% probability of reaching $8,750 by the end of October, while the current market has potential to exceed 9.3%. Also, this month’s target of $3,000 for Bitcoin was at 2%, and XRP's 1.6 dollar target had a 6% higher probability.
Looking at actual trading status, Bitcoin is trading at $8,300 with an increase of 0.09% from the previous day. Ethereum trades at $2,320, XRP at $1.31, and investors are paying attention to both short‑term volatility and long‑term prospects.