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$ETH has only done this once before in its entire history.
Back in June 2022, ETH broke through every support level and crashed to $880. Everyone gave up on it. That turned out to be the exact bottom of the whole bear market.
Now it's June 2026, the same month, same breakdown, and same chart structure.
ETH peaked at $4,953 in August 2025. Today it's at $1,593. That's a 68% crash in just 10 months.
Its weekly 200 MA sits at $2,471, and price has fallen straight through it. The next support level to watch is $1,500.
Two ways this plays out:
If ETH holds $1,500, this could play out exactly like June 2022. The people who bought that bottom made 5x over the next 18 months.
If ETH falls below $1,500 on a weekly close, the next support is all the way down near $1,000. Nothing to stop the fall in between.