Demo data

October 2026 outlook (month-end)

Ethereum forecast for 31 Oct 2026

Fresh

Reference price
$3,000 US dollars per ether · frozen for this versionUSD per ether · frozen
Dates and timesHide dates and times
Reference observed
31 Oct 2026, 06:00 UTC
Forecast published
31 Oct 2026, 06:12 UTC
Target
31 Oct 2026, 23:59 UTC · price at this time

Research estimate AI average · uncalibrated

AI average · uncalibrated Two research runs, by OpenAI and Claude. Each one searches news, market data and official calendars, cites what it used, then estimates. Weighted equally. Price at 31 Oct 2026, 23:59 UTC.

±1% from $3,000 ±5% from $3,000 ±10% from $3,000 ±50% from $3,000

Down 1% or more

46%

$2,970 or lower

Between −1% and +1%

18%

$2,970 to $3,030

Up 1% or more

36%

$3,030 or higher

Down 1% or more

$2,970 or lower

46%

Between −1% and +1%

$2,970 to $3,030

18%

Up 1% or more

$3,030 or higher

36%

The most likely of the three outcomes is down 1% or more, at 46%. Down 46% · Within 18% · Up 36% at ±1%.

Down 5% or more

16%

$2,850 or lower

Between −5% and +5%

72%

$2,850 to $3,150

Up 5% or more

12%

$3,150 or higher

Down 5% or more

$2,850 or lower

16%

Between −5% and +5%

$2,850 to $3,150

72%

Up 5% or more

$3,150 or higher

12%

The most likely of the three outcomes is between −5% and +5%, at 72%. Down 16% · Within 72% · Up 12% at ±5%.

Down 10% or more

3%

$2,700 or lower

Between −10% and +10%

95%

$2,700 to $3,300

Up 10% or more

2%

$3,300 or higher

Down 10% or more

$2,700 or lower

3%

Between −10% and +10%

$2,700 to $3,300

95%

Up 10% or more

$3,300 or higher

2%

The most likely of the three outcomes is between −10% and +10%, at 95%. Down 3% · Within 95% · Up 2% at ±10%.

Down 50% or more

<0.1%

$1,500 or lower

Between −50% and +50%

>99.9%

$1,500 to $4,500

Up 50% or more

<0.1%

$4,500 or higher

Down 50% or more

$1,500 or lower

<0.1%

Between −50% and +50%

$1,500 to $4,500

>99.9%

Up 50% or more

$4,500 or higher

<0.1%

The most likely of the three outcomes is between −50% and +50%, at >99.9%. Down <0.1% · Within >99.9% · Up <0.1% at ±50%.

How boundaries are counted

Down includes its boundary: a price of exactly $2,970 counts as Down.

Up includes its boundary: a price of exactly $3,030 counts as Up.

Within is strictly between $2,970 and $3,030. The three outcomes cannot overlap and always sum to 100%.

Down includes its boundary: a price of exactly $2,850 counts as Down.

Up includes its boundary: a price of exactly $3,150 counts as Up.

Within is strictly between $2,850 and $3,150. The three outcomes cannot overlap and always sum to 100%.

Down includes its boundary: a price of exactly $2,700 counts as Down.

Up includes its boundary: a price of exactly $3,300 counts as Up.

Within is strictly between $2,700 and $3,300. The three outcomes cannot overlap and always sum to 100%.

Down includes its boundary: a price of exactly $1,500 counts as Down.

Up includes its boundary: a price of exactly $4,500 counts as Up.

Within is strictly between $1,500 and $4,500. The three outcomes cannot overlap and always sum to 100%.

The price on the target date, not whether a level is touched before it. Probability estimates, not guarantees. Methodology and limitations.

ETH/USD · 31 Oct · ±1% Down 46%, within 18%, up 36%
ETH/USD · 31 Oct · ±5% Down 16%, within 72%, up 12%
ETH/USD · 31 Oct · ±10% Down 3%, within 95%, up 2%
ETH/USD · 31 Oct · ±50% Down <0.1%, within >99.9%, up <0.1%

Price so far and forecast range

ETH/USD since 31 Jul, then where the research estimate puts the price on 31 Oct 2026.

Middle estimate
$3,000
Even odds above or below
50% chance between
$2,900 – $3,100
25th to 75th percentile
80% chance between
$2,800 – $3,200
10th to 90th percentile
$4,000$3,500$3,000$2,500$2,000 31 Jul31 Aug30 Sep31 Oct PRICE HISTORYFORECAST RANGETARGET +1% · $3,030 −1% · $2,970 +5% · $3,150 −5% · $2,850 +10% · $3,300 −10% · $2,700 +50% · $4,500 ↑ −50% · $1,500 ↓ 90th · $3,200 75th · $3,100 Median · $3,000 25th · $2,900 10th · $2,800 $3,000 $4,000$3,500$3,000$2,500$2,000 31 Jul31 Aug30 Sep31 Oct +1% · $3,030 −1% · $2,970 +5% · $3,150 −5% · $2,850 +10% · $3,300 −10% · $2,700 +50% · $4,500 ↑ −50% · $1,500 ↓ $3,000
The forecast is only for 31 Oct 2026, 23:59 UTC; the shading between 31 Oct and 31 Oct is interpolated for readability, not a forecast of the path. Percentiles come from the AI average, spread evenly within each threshold band. The models put 5% of the probability outside ±10%.
Chart data as a table
Forecast percentiles for 31 Oct 2026, 23:59 UTC (AI average)
PercentilePrice
10th$2,800
25th$2,900
Median (50th)$3,000
75th$3,100
90th$3,200
ETH/USD price history, month-ends and the reference date
DatePrice
31 Jul 2026$2,900
31 Aug 2026$2,560
30 Sep 2026$3,050
31 Oct 2026$3,000

All movement thresholds

AI average for the price on 31 Oct 2026, measured from the $3,000 reference. All four thresholds are on this page; choosing one updates the panels above.

AI average probabilities for each movement threshold
ThresholdMove Down Within Up Selection
±1% 46% Down 1% or more: $2,970 or lower 18% Between −1% and +1%: $2,970 to $3,030 36% Up 1% or more: $3,030 or higher Selected Show ±1%
±5% 16% Down 5% or more: $2,850 or lower 72% Between −5% and +5%: $2,850 to $3,150 12% Up 5% or more: $3,150 or higher Selected Show ±5%
±10% 3% Down 10% or more: $2,700 or lower 95% Between −10% and +10%: $2,700 to $3,300 2% Up 10% or more: $3,300 or higher Selected Show ±10%
±50% <0.1% Down 50% or more: $1,500 or lower >99.9% Between −50% and +50%: $1,500 to $4,500 <0.1% Up 50% or more: $4,500 or higher Selected Show ±50%

Within ranges exclude both boundaries. Wider thresholds always have a larger Within share: the estimates nest consistently. Values shown as “<0.1%” or “>99.9%” are bounds; the underlying values sum to 100%.

Compare sources

Selected threshold ±1%. Every source uses the same event and the same $3,000 reference, and is listed in Down / Within / Up order. OpenAI and Claude differ by up to 7 percentage points at ±1%.

Selected threshold ±5%. Every source uses the same event and the same $3,000 reference, and is listed in Down / Within / Up order. OpenAI and Claude differ by up to 4 percentage points at ±5%.

Selected threshold ±10%. Every source uses the same event and the same $3,000 reference, and is listed in Down / Within / Up order. OpenAI and Claude differ by up to 1 percentage point at ±10%.

Selected threshold ±50%. Every source uses the same event and the same $3,000 reference, and is listed in Down / Within / Up order. OpenAI and Claude give the same estimates at ±50%.

Down, within and up probabilities by source at the selected threshold
Source Down Within Up Updated Coverage Details
AI average Average · uncalibrated 46%18%36% 31 Oct 2026, 06:12 UTC Fresh2 of 2 models Details: AI average — method
OpenAI Research run 43%17%40% 31 Oct 2026, 06:09 UTC Fresh5 cited sources Details: OpenAI — run details
Claude Research run 49%18%33% 31 Oct 2026, 06:10 UTC Fresh5 cited sources Details: Claude — run details
Statistical reference Synthetic fixture 39%22%39% 31 Oct 2026, 06:00 UTC FreshPrice history only Details: Statistical reference — method
AI average Average · uncalibrated 16%72%12% 31 Oct 2026, 06:12 UTC Fresh2 of 2 models Details: AI average — method
OpenAI Research run 15%71%14% 31 Oct 2026, 06:09 UTC Fresh5 cited sources Details: OpenAI — run details
Claude Research run 17%73%10% 31 Oct 2026, 06:10 UTC Fresh5 cited sources Details: Claude — run details
Statistical reference Synthetic fixture 8%83%9% 31 Oct 2026, 06:00 UTC FreshPrice history only Details: Statistical reference — method
AI average Average · uncalibrated 3%95%2% 31 Oct 2026, 06:12 UTC Fresh2 of 2 models Details: AI average — method
OpenAI Research run 2%95%3% 31 Oct 2026, 06:09 UTC Fresh5 cited sources Details: OpenAI — run details
Claude Research run 2%96%2% 31 Oct 2026, 06:10 UTC Fresh5 cited sources Details: Claude — run details
Statistical reference Synthetic fixture 0.2%99.3%0.5% 31 Oct 2026, 06:00 UTC FreshPrice history only Details: Statistical reference — method
AI average Average · uncalibrated <0.1%>99.9%<0.1% 31 Oct 2026, 06:12 UTC Fresh2 of 2 models Details: AI average — method
OpenAI Research run <0.1%>99.9%<0.1% 31 Oct 2026, 06:09 UTC Fresh5 cited sources Details: OpenAI — run details
Claude Research run <0.1%>99.9%<0.1% 31 Oct 2026, 06:10 UTC Fresh5 cited sources Details: Claude — run details
Statistical reference Synthetic fixture <0.1%100.0%0.0% 31 Oct 2026, 06:00 UTC FreshPrice history only Details: Statistical reference — method
Prediction markets No matching market Listed contracts ask whether ether touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date. Checked 31 Oct 2026, 06:05 UTC.
Source details
AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 3.7% volatility over the horizon (about 70% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

AI average

Average · uncalibrated
Fresh
Down
46%
Within
18%
Up
36%

Updated 31 Oct 2026, 06:12 UTC · 2 of 2 models

Details: AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI

Research run
Fresh
Down
43%
Within
17%
Up
40%

Updated 31 Oct 2026, 06:09 UTC · 5 cited sources

Details: OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude

Research run
Fresh
Down
49%
Within
18%
Up
33%

Updated 31 Oct 2026, 06:10 UTC · 5 cited sources

Details: Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference

Synthetic fixture
Fresh
Down
39%
Within
22%
Up
39%

Updated 31 Oct 2026, 06:00 UTC · Price history only

Details: Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 3.7% volatility over the horizon (about 70% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

Prediction markets

No matching market

Listed contracts ask whether ether touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date.

AI average

Average · uncalibrated
Fresh
Down
16%
Within
72%
Up
12%

Updated 31 Oct 2026, 06:12 UTC · 2 of 2 models

Details: AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI

Research run
Fresh
Down
15%
Within
71%
Up
14%

Updated 31 Oct 2026, 06:09 UTC · 5 cited sources

Details: OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude

Research run
Fresh
Down
17%
Within
73%
Up
10%

Updated 31 Oct 2026, 06:10 UTC · 5 cited sources

Details: Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference

Synthetic fixture
Fresh
Down
8%
Within
83%
Up
9%

Updated 31 Oct 2026, 06:00 UTC · Price history only

Details: Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 3.7% volatility over the horizon (about 70% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

Prediction markets

No matching market

Listed contracts ask whether ether touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date.

AI average

Average · uncalibrated
Fresh
Down
3%
Within
95%
Up
2%

Updated 31 Oct 2026, 06:12 UTC · 2 of 2 models

Details: AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI

Research run
Fresh
Down
2%
Within
95%
Up
3%

Updated 31 Oct 2026, 06:09 UTC · 5 cited sources

Details: OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude

Research run
Fresh
Down
2%
Within
96%
Up
2%

Updated 31 Oct 2026, 06:10 UTC · 5 cited sources

Details: Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference

Synthetic fixture
Fresh
Down
0.2%
Within
99.3%
Up
0.5%

Updated 31 Oct 2026, 06:00 UTC · Price history only

Details: Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 3.7% volatility over the horizon (about 70% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

Prediction markets

No matching market

Listed contracts ask whether ether touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date.

AI average

Average · uncalibrated
Fresh
Down
<0.1%
Within
>99.9%
Up
<0.1%

Updated 31 Oct 2026, 06:12 UTC · 2 of 2 models

Details: AI average — method

Simple mean of the OpenAI and Claude probabilities for each outcome, rounded so the three sum to 100. Uncalibrated: it has not been adjusted using settled outcomes.

Both models receive the same evidence pack and reference price, so their estimates are not statistically independent. Averaging two runs does not double the information.

OpenAI

Research run
Fresh
Down
<0.1%
Within
>99.9%
Up
<0.1%

Updated 31 Oct 2026, 06:09 UTC · 5 cited sources

Details: OpenAI — run details

Model: [OpenAI model ID from run metadata] · Run: 31 Oct 2026, 06:09 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Claude

Research run
Fresh
Down
<0.1%
Within
>99.9%
Up
<0.1%

Updated 31 Oct 2026, 06:10 UTC · 5 cited sources

Details: Claude — run details

Model: [Anthropic model ID from run metadata] · Run: 31 Oct 2026, 06:10 UTC · Evidence pack: [pack ID]

Returns a probability distribution over 26 return bins; all four thresholds are computed from it. Checked to sum to 100 and to nest across thresholds before publishing.

Statistical reference

Synthetic fixture
Fresh
Down
<0.1%
Within
100.0%
Up
0.0%

Updated 31 Oct 2026, 06:00 UTC · Price history only

Details: Statistical reference — method

Synthetic fixture: lognormal price at the target with zero median change and 3.7% volatility over the horizon (about 70% a year).

A simple baseline from price history. It is not a market-implied (risk-neutral) estimate, and no claim is made that it is more or less accurate than the models.

Prediction markets

No matching market

Listed contracts ask whether ether touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date.

Distribution of possible returns

AI average, built only from the threshold probabilities. Each band’s probability is spread evenly across its width, so the steps come from the thresholds, not from a modelled price path. Heights show probability per percentage point because bands differ in width.AI average, spread evenly within each threshold band. Heights are probability per percentage point.

Down band Within band Up band Selected threshold Reference, 0%

Histogram of the bands listed in the table below: probability per percentage point for each band between −50% and +50%.

Hover a band for its price range and probability. Not drawn: <0.1% below −50% ($1,500) and <0.1% above +50% ($4,500).

Show as a tableHide table
The distribution as a table
Return at target Price Prob. Per point
Below −50% Below $1,500 <0.1% —
−50% to −10% $1,500–$2,700 2% 0.06
−10% to −5% $2,700–$2,850 13% 2.68
−5% to −1% $2,850–$2,970 30% 7.53
−1% to +1% $2,970–$3,030 18% 8.78
+1% to +5% $3,030–$3,150 25% 6.13
+5% to +10% $3,150–$3,300 10% 1.94
+10% to +50% $3,300–$4,500 2% 0.06
Above +50% Above $4,500 <0.1% —
Total 100%

Why these estimates?

Factors the models cited for this target date. Each item says whether it is a reported fact or the model’s inference.

What could push the price higher?

  1. Spot ETF demand Model inference

    Continued net inflows into US spot ether ETFs would add steady buying before the target date. 1

  2. [Reported fact] Reported fact

    [Fact quoted from source 2 with its own date, for example a published fund-flow figure.] 2

What could push it lower?

  1. Tighter financial conditions Model inference

    If US yields keep rising before the target date, the models expect pressure on ether alongside other risk assets. 3

  2. Regulatory setback Model inference

    An adverse US decision affecting crypto exchanges or ETFs before the target date would likely weigh on the price. 4

  3. [Reported fact] Reported fact

    [Fact quoted from source 5 with its own date.] 5

Events before the target date

Scheduled dates come from official calendars. Scenarios are hypothetical and have no date.

Confirmed dates

  1. 31 Oct 202623:59 UTC

    Target observation

    The ETH/USD price at this time settles this forecast.

    Forecast target
  2. 9 Dec 2026

    US Federal Reserve policy decision

    After the target date, so it cannot affect this outcome. Federal Reserve calendar

    After target

Hypothetical scenarios

  • A sharp risk-off move in global equities before the target date.

    Scenario · no date
  • An adverse US regulatory decision affecting crypto exchanges or ETFs.

    Scenario · no date

Prediction-market context

No matching market Related market: none Checked 31 Oct 2026, 06:05 UTC

Listed contracts ask whether ether touches a price before a deadline, not the price on 31 Oct 2026, 23:59 UTC. No related contract settles near this date. Market evidence is left out rather than shown as 0%.

Options-implied (risk-neutral) estimates are a different kind of evidence and are not shown in this version. How sources are matched

What this forecast may miss

  • The path before the target. A move above $4,000 before the target date followed by a fall would not change the outcome.
  • News after 31 Oct 2026, 06:12 UTC. It enters only when a new version is published.
  • Differences between venues. Individual exchanges can trade away from the reference price source.
  • Calibration. The AI average has not been adjusted using settled outcomes, and this pair has very little live history.
  • Market-implied views. The statistical reference is a simple baseline, not an options-implied (risk-neutral) estimate.

Forecast versions

Each version keeps its own reference price and source timestamps. Earlier versions are stored, never overwritten. Shown at ±10%; every version holds all four thresholds.

Stored versions of this forecast
Published Reference price Down / Within / Up at ±10% Version
31 Oct 2026, 06:12 UTC $3,000 3% / 95% / 2% Current version · viewing