Ethereum · 2026-07-07
That day's view: ETH closed 7/7 at $1,771.45 (-1.56%), with a drop 1.47× larger than BTC's, showing clear high-beta co-weakness. Intraday range was 3.1% (high $1,813 / low $1,757), with the open at $1,799.56 near the day's high. Volume of 241,537 ETH was roughly flat versus 7/6, funding rate at +0.00412% shows shorts continuing to pay a small premium. OI dropped 3.46% in 24h with longs and shorts both deleveraging, and taker buy/sell at 0.9668 indicates seller dominance. After bear-dominated release, taker buying recovered to 1.0720 by the close, but price settled at $1,771.45, sitting in the 25% zone of the 24h range (closer to the lower bound). Expect sideways action in the $1,750–$1,820 range, awaiting direction from the 7/15 CPI release.
Key Data
- ETH closing price: UTC 2026-07-07 00:00 at $1,799.56, UTC 2026-07-07 24:00 at $1,773.90, -1.56% within the window
- Intraday range: high $1,813.16 / low $1,757.57, range $55.59 (3.09%)
- 24-hour network-wide volume: 241,537 ETH (≈ $431M)
- Perpetual funding rate: 4-period average +0.00412% (00:00 +0.00762% / 08:00 +0.00327% / 16:00 +0.00409% / 24:00 +0.00152%)
- Taker buy/sell ratio: 24h average 0.9668, latest 1.0720
- Retail long/short account ratio: 24h average 1.8031, latest 1.8265
- Whale long/short position ratio: 24h average 1.4271, latest 1.4322
- Open Interest (OI): 24h net -3.46%, currently 2,221,014 ETH
- Perpetual basis: stable within -0.05% to +0.05%
- Fear & Greed Index: 2026-07-07 reading 27 (Fear)
24H Price Review
- Phase · early (UTC 00–06): open $1,799.56 → $1,770.58, -1.61%, 6h volume 56,050 ETH.
- Phase · early afternoon (UTC 06–12): open $1,770.57 → $1,780.77, +0.58%, 6h volume 46,048 ETH.
- Phase · afternoon (UTC 12–18): open $1,780.77 → $1,810.39, +1.66%, 6h volume 87,490 ETH.
- Phase · close (UTC 18–24): open $1,810.39 → $1,771.45, -2.15%, 6h volume 51,948 ETH.
Macro Calendar
- 🟡 2026-07-07 (Tue) · US June ISM Services Index · Impact: Medium
- 🟡 2026-07-10 (Fri) · US June Non-Farm Payrolls (NFP) · Impact: Medium
- 🟡 2026-07-14 (Tue) · US June Producer Price Index (PPI) · Impact: Medium
- 🔴 2026-07-15 (Wed) · US June Consumer Price Index (CPI, YoY/MoM) · Impact: High
Bull vs. Bear
- Phase 4 (UTC 18–24) single-phase sharp drop of -2.15% with concentrated volume of 51,948 ETH | Touched window low at $1,757.57, classic "news-triggered concentrated selling" pattern
- OI 24h net -3.46%, longs and shorts deleveraging together | Net OI decrease of 79,502 ETH, both sides actively reducing exposure, typical deleveraging state
- Taker sell-side 24h average 0.9668 < 1.0, seller dominant | Taker flow remains seller-skewed; although taker buying recovered to 1.0720 by the close, no effective price rebound followed
- Phase 3 (UTC 12–18) single-phase rebound of +1.66% with volume of 87,490 ETH | Touched window high at $1,813.16, classic "post-event technical rebound" pattern
- Whale long/short ratio 24h average 1.43, institutions mildly bullish | Whale L/S 24h average 1.43 / latest 1.43, showing institutional players maintained a mildly bullish stance through the window
- Taker buy-side latest 1.0720 > 1.0, buying returning | Taker buying recovered at the close, indicating buy-side support near $1,757.57