Ethereum: 69% Drawdown From ATH

Ethereum trades at $1671.77 after a 69% drop from its all-time high, mirroring Bitcoin's 52% decline and outpacing gold and silver drawdowns posted by @simplykashif on 24 June 2026. ETH price prediction models now focus on whether the asset can stabilize above the lower Bollinger Band at $1640.55. On the 4h chart price remains locked in a bearish trend beneath the EMA50 at $1714.17 and the EMA200 at $1852.52, with the MACD death cross at -17.03 confirming sustained downside momentum while RSI at 38.68 offers no oversold relief; any bounce toward upper-band resistance at $1781.43 would likely stall before retesting the 50-EMA confluence zone.