Ethereum · 2026-07-17

That day's trend: Neutral leaning bearish

That day's view: ETH closed 7/17 at $1,841.93, down -1.22% from the opening price. Intraday range was 3.65%, between $1,803 and $1,871. Volume of 253,028 ETH held at moderate levels but buying interest was weak. Funding at +0.00416% (mild positive); OI edged down -0.25% (around 5,670 ETH). Taker ratio 24h avg 0.9547, EoS 0.8181, Taker persistently on the sell side. Retail long/short account ratio at 2.19 is high, showing retail tilt long; top-trader L/S 1.41 shows institutions mildly bullish. FGI 27, extreme fear. Composite read: a sharp -2.19% drop in the early session was followed by a technical rebound, but buyers did not follow through, leaving a daily bearish close below the key $1,860 support. Key levels: a break below $1,800 (session low) would shift the bias bearish; $1,870 (high) is near-term resistance. Watch: tonight 21:30 US CPI data, and the FOMC meeting minutes release.

Key Data

ETH Close: UTC 2026-07-17 00:00 $1,864.71 → UTC 2026-07-17 24:00 $1,840.73, -1.22% in window
Intraday Range: High $1,871.08 / Low $1,803.05, range $68.03 (3.65%)
24h Total Network Volume: 253,028 ETH (~$465M)
Perp Funding Rate: 4-period avg +0.00416% (07-17 00:00 +0.00689% / 07-17 08:00 +0.00477% / 07-17 16:00 +0.00244% / 07-18 00:00 +0.00254%)
Taker Buy/Sell Ratio: 24h avg 0.9547, latest 0.8181
Retail Long/Short Account Ratio: 24h avg 2.1912, latest 2.2563
Top-Trader Long/Short Ratio: 24h avg 1.4131, latest 1.3978
Open Interest (OI): 24h net -0.25%, currently 2,269,765 ETH
Perp Basis: stable in -0.05% to +0.05% range
Fear & Greed Index: 27 (Fear) as of 2026-07-17

24H Price Review

Phase · Early (UTC 00-06): open $1,864.71 → $1,823.94, -2.19%, 6h volume 68,984 ETH
Phase · Late Morning (UTC 06-12): open $1,823.94 → $1,839.04, +0.83%, 6h volume 57,907 ETH
Phase · Afternoon (UTC 12-18): open $1,839.05 → $1,843.71, +0.25%, 6h volume 101,191 ETH
Phase · Close (UTC 18-24): open $1,843.72 → $1,841.93, -0.10%, 6h volume 24,946 ETH

Macro Calendar

🟡 2026-07-22 (Wed) · BTC July Options Expiry (Deribit) · Impact: Medium
🟡 2026-07-28 (Tue) · US June Durable Goods Orders · Impact: Medium
🔴 2026-07-29 (Wed) · FOMC July Rate Decision · Impact: High
🔴 2026-07-30 (Thu) · FOMC Press Conference (Powell) · Impact: High

Bull vs. Bear

Phase 1 (UTC 00-06) single-phase sharp drop -2.19% + volume concentrated 68,984 ETH | touched session low $1,803.05, classic 'concentrated selling on bearish trigger' pattern
OI 24h net -0.25% near neutral | OI down 5,670 ETH, capital not visibly exiting nor actively building positions
Taker sell-side 24h avg 0.9547 < 1.0 sell-dominant | Taker persistently on sell side, although EoS 0.8181 shows buy return, no effective rebound in price
Phase 2 (UTC 06-12) single-phase rebound +0.83% + volume 57,907 ETH | touched session high $1,871.08, classic 'technical rebound after bearish event' pattern
Top-Trader L/S 24h avg 1.41 mild institutional bullish | top-trader L/S 24h avg 1.41 / EoS 1.40, institutions maintained mild bullish stance throughout window
Close $1,841.93 held $1,803.05-$1,871.08 range | 24h price stayed within session range, did not break lower bound = near-term support holds