Ethereum · 2026-07-01
That day's view: ETH on 7/1 closed at $1,609.58 (+2.39%), range $1,552.92–$1,646.26, volume 306,536 ETH, ~36% higher than 6/30. Average funding rate +0.00388% (8h), OI essentially flat at 2,277,504 → 2,276,611 ETH (-0.04%) — volume up + OI flat = (c-mix) Fresh Longs + Short Covering. BTC was also +2.39% on the day but with OI -4.63%, while ETH OI barely moved at -0.04% — prices tracked in the same direction but major-player intent diverged sharply, and ETH's price-volume alignment is stronger than BTC's. FGI 11 Extreme Fear unchanged. Key levels: resistance $1,646 / $1,680, support $1,572 / $1,553. Watch whether the ETH/BTC rate holds 0.0268 and whether 7/2 ETF net inflows continue.
Key Data
- ETH close: UTC 2026-07-01 00:00 $1,572.00, UTC 2026-07-01 24:00 $1,606.45, +2.39% in window
- Intraday range: high $1,646.26 / low $1,552.92, range $93.34 (5.94%)
- 24h total network volume: 306,536 ETH (~$491M)
- Perp funding rate: 4-period avg +0.00388% (07-01 00:00 +0.00615% / 08:00 +0.00533% / 16:00 +0.00208% / 07-02 00:00 +0.00196%)
- Taker buy/sell ratio: 24h avg 1.0466, latest 0.8962
- Retail long/short ratio: 24h avg 2.1776, latest 1.9334
- Top-trader long/short ratio: 24h avg 1.4657, latest 1.4382
- Open interest (OI): 24h net -0.04%, currently 2,276,611 ETH
- Perp basis: stable in -0.05% to +0.05% range
- Fear & Greed Index: 2026-07-01 reported 11 (extreme fear)
24H Price Review
- Phase · Early (UTC 00-06): open $1,572.00 → $1,593.00, +1.34%, 6h volume 67,987 ETH.
- Phase · Pre-noon (UTC 06-12): open $1,593.00 → $1,569.89, -1.45%, 6h volume 47,845 ETH.
- Phase · Afternoon (UTC 12-18): open $1,569.88 → $1,622.72, +3.37%, 6h volume 118,975 ETH.
- Phase · Close (UTC 18-24): open $1,622.72 → $1,609.58, -0.81%, 6h volume 71,730 ETH.
Macro Calendar
- 🟡 2026-07-03 (Fri) · US May ISM Services Index · Impact: Medium
- 🟡 2026-07-07 (Tue) · US May ISM Manufacturing Index · Impact: Medium
- 🟡 2026-07-07 (Tue) · US May Non-Farm Payrolls (NFP) · Impact: Medium
- 🔴 2026-07-09 (Thu) · US May CPI (YoY/MoM) · Impact: High
- 🟡 2026-07-10 (Fri) · Bankrupt Mt. Gox creditor repayment window · Impact: Medium
- 🟡 2026-07-11 (Sat) · Risk of Strategy Inc. continuing BTC selling · Impact: Medium
- 🔴 2026-07-14 (Tue) · FOMC rate decision (minutes next day) · Impact: High
- 🔴 2026-07-15 (Wed) · Federal Reserve Chair press conference · Impact: High
Bull vs. Bear
- Stage 2 (UTC 06-12) single-phase sharp drop -1.45% + volume concentrated 47,845 ETH | tapped window low $1,552.92, typical news-driven concentrated sell-off pattern
- OI 24h net -0.04% near neutral | OI net -892 ETH, capital neither fleeing nor aggressively building
- FGI 11 extreme fear, fragile sentiment | still in extreme fear zone (since 5/31), retail L/S 2.18 strongly long = contrarian sentiment indicator; if price continues lower, retail stop-losses amplify selling pressure
- Stage 3 (UTC 12-18) single-phase rebound +3.37% + volume 118,975 ETH | tapped window high $1,646.26, typical post-news technical rebound pattern
- Top-trader long/short ratio 24h avg 1.47, institutions slightly bullish | top-trader L/S 24h avg 1.47 / close 1.44, institutions maintained a slightly bullish stance through the window
- Taker buy at close 0.8962 > 1.0 buy-side returning | taker buy returning at close alongside late-stage rebound, reflecting dip-buying starting to flow in after bottom