Ethereum Posts Historic Third Straight Losing Quarter as Bear Market Deepens

• Ethereum accumulates three consecutive quarters closing in negative territory for the first time in the digital asset’s history.
• The cryptocurrency’s current price hovers around $1,560, registering a 70% drop from its all-time high close to $5,000.
• Large-scale investors sold approximately $900 million of the asset over the course of a single week.

The second-largest cryptocurrency in the market has fallen victim to the prolonged bear market; as the second quarter closed, Ethereum ended in the red. In this way, the asset records an adverse milestone, accumulating three consecutive quarterly periods of losses—an unprecedented sequence in the financial trajectory of this digital asset.

Since reaching its all-time high of nearly $5,000 in August 2025, the price of the cryptocurrency has maintained a steady downward trajectory. Data from CoinGecko reveals that the asset is now trading around $1,560, representing a 70% contraction from its peak price. Current macroeconomic conditions and certain seasonal factors suggest that the crypto-asset could experience additional short-term volatility.

Historically, the month of July does not usually favor the platform’s performance, having concluded downwards in six of the last ten years.

Technical projections and investor behavior

Technical opinions among market analysts diverge regarding the depth that the current price correction could reach. An analysis shared by the technical specialist known on X as Ted points out that, although the coin has shown greater resilience than Bitcoin recently, the risk scenario remains active. From this analyst’s perspective, the $1,700 level presents itself as a critical resistance, warning that if the asset fails to recover that range, the probability of establishing new local lows projects upward.

$ETH is holding better than $BTC now.

Bitcoin hit a new yearly low, while Ethereum held above the $1,550 level.

But $ETH still isn’t out of danger yet.

Until Ethereum reclaims the $1,700 level, the chances of a new low will go up. pic.twitter.com/K8o2Fh89js

— Ted (@TedPillows) July 1, 2026

On the other hand, market analyst Crypto with Haris downplayed the more extreme theories that anticipate a direct crash toward the $1,000 zone during the current cycle. According to his projections, the asset has already absorbed much of the bearish impact and is building a solid support base in the band between $1,500 and $1,600.

The specialist points out that, even in the event of a generalized drop in Bitcoin, the realistic floor for the cryptocurrency’s price would sit in the $1,200 to $1,300 range. Furthermore, he considers that attempting to predict a drop below that threshold implies assuming a considerably high financial risk for retail traders.

Selling pressure exerted by large capital holders reinforces the cautious outlook in the ecosystem. Data published by analyst Ali Martinez reveals that so-called whales unloaded an amount close to $900 million in Ethereum within a week.

In line with this capitulation movement, on-chain analysis firm Lookonchain reported that an anonymous market participant liquidated a batch of nearly 2,500 units of the cryptocurrency, taking a net loss of $4.33 million in the transaction. The upcoming expiration of monthly options contracts at the close of the current period will serve as the next key indicator to assess the short-term direction of the market.