Ethereum (ETH) Price: ETH Hit $1,500 — Is $1,000 Next or Is the Bottom In?

TLDR

• Ethereum briefly touched $1,500 in June 2026, roughly 70% below its August 2025 all-time high of $4,953.
• ETH has fallen harder than Bitcoin due to higher beta, weaker ETF demand, and leveraged liquidations.
• A break above $1,750 could open the door to $1,800–$2,000.
• Analyst Crypto Patel is accumulating ETH in the $1,550–$1,000 range, expecting long-term prices of $10,000–$20,000.
• Bitcoin’s direction and ETH/BTC ratio are the key factors that will determine ETH’s next move.

Ethereum dipped to $1,500 in June 2026 — its lowest point in years — before staging a partial recovery above $1,620. The move raised a simple but serious question: is $1,500 the bottom, or just a stop on the way to $1,000?

Ethereum peaked at $4,953 in August 2025. The slide since then has been slow, then sudden. A strong U.S. jobs report killed hopes for near-term Federal Reserve rate cuts. U.S.-Iran tensions added more pressure. Spot Bitcoin ETFs saw record outflows, and Ethereum ETFs bled alongside them. Over $1 billion in leveraged crypto positions were liquidated, with ETH longs among the worst hit.

That combination drove Ethereum to $1,500 — a level last seen in deep bear markets.

Why ETH Fell Harder Than Bitcoin

Ethereum dropped roughly 70% from its peak. Bitcoin fell around 50%. The gap comes down to beta. ETH amplifies Bitcoin’s moves in both directions — when crypto sells off, ETH tends to sell off more.

The ETH/BTC ratio has also been grinding lower since 2021. Bitcoin’s ETF launch in January 2024 brought steady institutional demand. Ethereum’s ETFs, launched later, never matched that scale. That demand gap has left ETH with less of a floor when markets turn.

Leveraged positioning made things worse. ETH longs were crowded. When the June selloff hit, those positions were liquidated fast, pushing prices down in cascades.

Popular analyst Crypto Patel addressed the fear directly on social media, advising followers not to let panic drive decisions. He wrote that he is “slowly accumulating ETH/USDT in the $1,550–$1,000 range,” adding that nobody can call the exact bottom. Patel sees Ethereum’s maximum downside at around $1,000, and believes long-term prices of $10,000 to $20,000 are “very possible.” He expects the next alt season between 2026 and 2027.

Key Levels to Watch

After the $1,500 low, ETH recovered above $1,620 and is now trading above the 100-hourly moving average. Immediate resistance is at $1,700, then $1,750 — the 50% Fibonacci retracement of the $2,005 to $1,505 move.

A clean break above $1,750 could push ETH toward $1,800, $1,885, and potentially $2,000. If the price fails at $1,750, a drop back toward $1,620 and $1,600 is the likely path. The $1,500 level remains critical support below that.

Ethereum treasury companies are also part of the picture. BitMine held roughly $9.58 billion in unrealized ETH losses, and SharpLink’s ETH position was down about $1.59 billion at the lows. Neither firm has indicated forced selling, but the losses highlight the balance-sheet risk that comes with holding ETH through a deep drawdown.

As of early June 2026, ETH is trading near $1,620 with bulls attempting to hold the recovery above the $1,600 zone.

The post Ethereum (ETH) Price: ETH Hit $1,500 — Is $1,000 Next or Is the Bottom In? appeared first on CoinCentral.