$ETH has only seen this happen once in its entire history.
Back in June 2022, ETH broke through every support level and plummeted to $880. Everyone gave up on it. That turned out to be the exact bottom of the entire bear market.
Now it's June 2026, the same month, the same breakdown, the same chart structure.
ETH peaked at $4953 in August 2025. Today it's sitting at $1593. That's a staggering 68% drop in just 10 months.
Its weekly 200-day moving average is at $2471, and the price has sliced right through it. The next support level to watch is $1500.
There are two possible scenarios:
If ETH holds above $1500, this could unfold just like June 2022. Those who bought at the bottom saw a 5x return over the next 18 months.
If ETH closes the week below $1500, the next support level will stretch down to around $1000. There’s nothing in between to stop the drop.
Back in June 2022, ETH broke through every support level and plummeted to $880. Everyone gave up on it. That turned out to be the exact bottom of the entire bear market.
Now it's June 2026, the same month, the same breakdown, the same chart structure.
ETH peaked at $4953 in August 2025. Today it's sitting at $1593. That's a staggering 68% drop in just 10 months.
Its weekly 200-day moving average is at $2471, and the price has sliced right through it. The next support level to watch is $1500.
There are two possible scenarios:
If ETH holds above $1500, this could unfold just like June 2022. Those who bought at the bottom saw a 5x return over the next 18 months.
If ETH closes the week below $1500, the next support level will stretch down to around $1000. There’s nothing in between to stop the drop.