Ethereum · 2026-07-13
That day's view: ETH closed 7/13 at $1,776.72 (-1.66%), with a high of $1,846 and a low of $1,750.20. Volume came in at 295,032 ETH, roughly 22% lower than 7/12. Funding held near zero at +0.00122%, while OI fell -2.16%, indicating major-player de-risking. The combination of shrinking volume, falling price, and falling OI points to an orderly major-player retreat rather than panic selling, framed as pattern (c), short-covering-led. FGI 28 stays in extreme fear, but ETH spot ETF flows remain stable. Watch $1,750 - a break opens a test of $1,680 strong support, with resistance at $1,846. Event-side, focus on the U.S. CPI print and Ethereum Foundation updates. This is the 13th structural divergence (ETH majors cutting exposure vs. BTC majors adding longs - opposite directions).
Key Data
- ETH Close: UTC 2026-07-13 00:00 at $1,806.80, UTC 2026-07-13 24:00 at $1,774.37, -1.66% in window
- Intraday Range: High $1,846.00 / Low $1,750.20, range $95.80 (5.30%)
- 24h Total Network Volume: 295,032 ETH (~$527M)
- Perpetual Funding Rate: 4-period avg +0.00122% (00:00 +0.00225% / 08:00 +0.00054% / 16:00 +0.00197% / 24:00 +0.00013%)
- Taker Buy/Sell Ratio: 24h avg 0.9700, latest 1.5404
- Retail Long/Short Ratio: 24h avg 1.9157, latest 2.0130
- Top-Trader Long/Short Ratio: 24h avg 1.4461, latest 1.5011
- Open Interest (OI): 24h net -2.16%, currently 2,248,537 ETH
- Perpetual Basis: stable in -0.05% to +0.05% band
- Fear & Greed Index: 2026-07-13 reading 28 (Fear)
24H Price Review
- Phase · Early Session (UTC 00-06): Open $1,806.80 -> $1,781.64, -1.39%, 6h volume 117,419 ETH.
- Phase · Mid-Morning (UTC 06-12): Open $1,781.64 -> $1,780.74, -0.05%, 6h volume 41,215 ETH.
- Phase · Afternoon (UTC 12-18): Open $1,780.74 -> $1,753.62, -1.52%, 6h volume 82,551 ETH.
- Phase · Close (UTC 18-24): Open $1,753.62 -> $1,776.72, +1.32%, 6h volume 53,846 ETH.
Macro Calendar
- 🟡 2026-07-14 (Tue) · U.S. June Producer Price Index (PPI) · Impact: Medium
- 🔴 2026-07-15 (Wed) · U.S. June Consumer Price Index (CPI, YoY/MoM) · Impact: High
- 🟡 2026-07-22 (Wed) · BTC July Options Expiry (Deribit) · Impact: Medium
Bull vs. Bear
- OI 24h net -2.16%, both sides de-leveraging | OI net -49,539 ETH reduction, both longs and shorts actively cutting exposure, classic deleveraging
- Taker sell-side 24h avg 0.9700 < 1.0, sellers dominant | Taker remained sell-dominant; although late-session 1.5404 showed buy-side return, price failed to bounce meaningfully
- 🐂 Bull Case
- Top-trader L/S 24h avg 1.45 - institutions mildly bullish | Top-trader L/S 24h avg 1.45 / late 1.50, showing institutions maintained a mildly bullish stance through the window
- Taker buy-side late session 1.5404 > 1.0, buyers returning | Late-session taker buy-side returned, showing market found buy support near $1,750.20