Ethereum · 2026-07-02
That day's view: ETH closed 7/2 at $1,700.57 (+5.65%), with H 1,725 / L 1,597.22, intraday range over 8% and a strong bullish close. Volume of 373,454 ETH expanded +21.83% from 7/1's 306,536; OI rose +3.12% to 2,347,546 with funding mildly positive at +0.00553%; price, volume, and OI all aligned, classifying as (a) healthy push-up. Taker buy ratio rose from 0.90 to 1.26 (buy-side dominant), yet top_acc_ls fell sharply from 2.44 to 1.82, showing whales distributing; top_pos_ls only dipped from 1.44 to 1.40, indicating stable whale positioning. BTC volume shrank -14.79% vs ETH expansion +21.83% — a 36.6pp volume divergence, pattern #2 volume split, with ETH's high-beta character on full display, leading this rebound. Key levels: 1,725 resistance break opens 1,750; 1,597 support below.
Key Data
- ETH close: UTC 2026-07-02 00:00 $1,609.59, UTC 2026-07-02 24:00 $1,699.64, +5.65% on the day
- Intraday range: H $1,725.00 / L $1,597.22, range $127.78 (7.94%)
- 24h total network volume: 373,454 ETH (~$623M)
- Perpetual funding rate: 4-period mean +0.00553% (07-02 00:00 +0.00196% / 07-02 08:00 +0.00502% / 07-02 16:00 +0.00732% / 07-03 00:00 +0.00784%)
- Taker buy/sell ratio: 24h mean 1.0369, latest 1.2619
- Retail long/short account ratio: 24h mean 1.7569, latest 1.5484
- Top-trader long/short ratio: 24h mean 1.4161, latest 1.3968
- Open interest (OI): 24h net +3.12%, currently 2,347,546 ETH
- Perpetual basis: stable in the -0.05% to +0.05% range
- Fear & Greed Index: 2026-07-02 reading 19 (Extreme Fear)
24H Price Review
- Phase · Early (UTC 00-06): open $1,609.59 → $1,626.50, +1.05%, 6h volume 62,594 ETH.
- Phase · Pre-noon (UTC 06-12): open $1,626.51 → $1,650.32, +1.46%, 6h volume 93,077 ETH.
- Phase · Afternoon (UTC 12-18): open $1,650.31 → $1,695.89, +2.76%, 6h volume 182,951 ETH.
- Phase · Close (UTC 18-24): open $1,695.88 → $1,700.57, +0.28%, 6h volume 34,831 ETH.
Macro Calendar
- 🟡 2026-07-04 (Sat) · US May ISM Services Index · Impact: Medium
- 🟡 2026-07-08 (Wed) · US May ISM Manufacturing Index · Impact: Medium
- 🟡 2026-07-08 (Wed) · US May Non-Farm Payrolls (NFP) · Impact: Medium
- 🔴 2026-07-10 (Fri) · US May CPI (YoY/MoM) · Impact: High
- 🟡 2026-07-11 (Sat) · Bankrupt Mt. Gox exchange creditor repayment window · Impact: Medium
- 🟡 2026-07-12 (Sun) · Strategy (formerly MicroStrategy) ongoing BTC selling risk · Impact: Medium
- 🔴 2026-07-15 (Wed) · Fed FOMC rate decision (minutes next day) · Impact: High
- 🔴 2026-07-16 (Thu) · Fed Chair press conference · Impact: High
Bull vs. Bear
- Phase 4 (UTC 18-24) saw a sharp +0.28% drop on concentrated 34,831 ETH volume | touched the session low $1,597.22, classic concentrated-sell-pressure pattern triggered by negative events
- OI 24h net +3.12% with rising price = short-side active accumulation | OI added +70,934 ETH while price moved +5.65%, classic active short-accumulation pattern
- FGI 19 extreme fear signals fragile sentiment | still in extreme-fear territory (since 5/31); retail L/S 1.76 is heavily long = contrarian signal; further downside would amplify sell pressure via retail stop-losses
- Phase 3 (UTC 12-18) saw a +2.76% rebound on 182,951 ETH volume | touched the session high $1,725.00, classic technical-rebound-after-negative-event pattern
- Top-trader long/short 24h mean 1.42, institutions mildly long | whale L/S 24h mean 1.42 / latest 1.40, indicating institutions maintained a mild long stance through the window
- Taker buy pressure recovered late: 1.2619 > 1.0 | taker buy return into the close aligns with the late-session rebound, reflecting dip-buying flow beginning to enter