Ethereum · 2026-06-28

That day's trend: Neutral leaning bearish

That day's view: ETH closed 6/28 at $1,571.96 (-0.13%), with a H/L range of $1,588.82/$1,548.37 and intraday amplitude 2.57%. Volume rose +4.87% to 141,104 ETH from 134,547 on 6/27, active long/short rotation. Funding flipped and oscillated: 08:00 -0.00295% → 16:00 +0.00192% → 24:00 -0.00018%, daily avg -0.00165% slightly negative — longs and shorts deadlocked. OI 2,297,053 → 2,295,831 ticked down -0.05%, slight leverage de-risking. FGI 18 sync'd in extreme fear. Verdict (c-mix) weak mixed: rising-volume small drop + funding flip + OI mild decline = selling released but bid depth limited. Key levels $1,560 (break lower → weak) / $1,590 (break higher → strong). Watch L2 on-chain activity.

Key Data

ETH close: UTC 2026-06-28 00:00 at $1,574.00, UTC 2026-06-28 24:00 at $1,566.83, window -0.13%
Intraday range: high $1,588.82 / low $1,548.37, amplitude $40.45 (2.57%)
24h total network volume: 140,181 ETH (~$221M)
Perpetual funding rate: 4-period average -0.00165% (06-28 00:00 -0.00539% / 06-28 08:00 -0.00295% / 06-28 16:00 +0.00192% / 06-29 00:00 -0.00018%)
Taker buy/sell ratio: 24h average 1.0597, latest 1.1656
Retail long/short account ratio: 24h average 2.2970, latest 2.4223
Top-trader long/short ratio: 24h average 1.3995, latest 1.4159
Open interest (OI): 24h net -0.05%, currently 2,295,831 ETH
Perpetual basis: stable in the -0.05% to +0.05% range
Fear & Greed Index: 2026-06-28 reported 18 (extreme fear)

24H Price Review

Phase · Early (UTC 00-06): open $1,574.00 → $1,569.17, -0.31%, 6h volume 21,830 ETH.
Phase · Pre-noon (UTC 06-12): open $1,569.18 → $1,582.87, +0.87%, 6h volume 35,234 ETH.
Phase · Afternoon (UTC 12-18): open $1,582.86 → $1,572.35, -0.66%, 6h volume 39,898 ETH.
Phase · Close (UTC 18-24): open $1,572.34 → $1,571.96, -0.02%, 6h volume 43,219 ETH.

Macro Calendar

🟡 2026-06-30 (Tue) · U.S. May ISM Services Index · Impact: Medium
🟡 2026-07-04 (Sat) · U.S. May ISM Manufacturing Index · Impact: Medium
🟡 2026-07-04 (Sat) · U.S. May Non-Farm Payrolls (NFP) · Impact: Medium
🔴 2026-07-06 (Mon) · U.S. May CPI (YoY/MoM) · Impact: High
🟡 2026-07-07 (Tue) · Mt. Gox creditor repayment window · Impact: Medium
🟡 2026-07-08 (Wed) · Strategy Inc. continued BTC sell risk · Impact: Medium
🔴 2026-07-11 (Sat) · FOMC rate decision (minutes next day) · Impact: High
🔴 2026-07-12 (Sun) · Fed Chair press conference · Impact: High

Bull vs. Bear

Phase 3 (UTC 12-18) single-phase sharp drop -0.66% + concentrated 39,898 ETH volume | touched window low $1,548.37, classic 'event-triggered concentrated sell pressure' pattern
OI 24h net -0.05% near neutral | OI net -1,221 ETH, capital not exiting aggressively but not actively building either
FGI 18 extreme fear — fragile sentiment | still in extreme-fear zone (since 5/31), retail L/S 2.30 heavily long = contrarian signal; if price drops further, retail stop-losses amplify selling
Phase 2 (UTC 06-12) single-phase rebound +0.87% + 35,234 ETH volume | touched window high $1,588.82, classic 'post-event technical rebound' pattern
Top-trader long/short ratio 24h average 1.40 — institutional mildly bullish | top-trader L/S 24h average 1.40 / end-of-window 1.42, shows institutions maintained mildly bullish stance through window
Taker buy end-of-window 1.1656 > 1.0 — bid returning | EOW taker buy-back paired with late-phase rebound, reflects dip-buyers starting to step in