Ethereum Price Hit 68% Retracement From The Top: What Went Wrong With ETH?

Ethereum (CRYPTO: ETH) recently printed its lowest daily relative strength index ever recorded at 17.4, a reading analyst Michaël van de Poppe called a “historic opportunity.”
ETH Down 68% In 10 Months With $1,500 As The Line In The Sand
Ethereum peaked at $4,953 in August 2025 and traded as low as $1,593 over the weekend, a 68% crash in 10 months. 
Analyst Ash Crypto pointed out that the only comparable setup in ETH’s history was June 2022, when ETH broke through every support level and crashed to $880 before bottoming.
That bottom produced a 5x return over the following 18 months for anyone who bought it.
“ETH has only done this once before in its entire history,” Ash Crypto wrote on X. “Back in June 2022, same ...Full story available on Benzinga.com