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Ethereum · 2026-07-18

That day's trend: Neutral leaning bullish

That day's view: ETH closed 7/18 at $1,862.61 (+1.12%), moving in sync with BTC but on materially heavier volume of 92,598 ETH. OI rose +0.99% and funding held at +0.00207% (~0.6x BTC's) — the three-signal stack aligned and confirmed (a) healthy rally. The price action showed a 'US late-session catch-up' character, with elasticity matching BTC but volume and price both rising — signaling a low-beta but steady uptrend. Tomorrow's focus: can $1,867 break, and will $1,837 hold? Key levels: resistance $1,867 / $1,890, support $1,837 / $1,810. Three high-impact events over the next 14 days (FOMC, Powell, Durable Goods) will drive volatility.

Key Data

  • ETH closing price: opened UTC 2026-07-18 00:00 at $1,841.94, closed UTC 2026-07-18 24:00 at $1,862.40 — window +1.12%
  • Intraday range: high $1,867.58 / low $1,837.58, range $30.00 (1.63%)
  • 24-hour total network volume: 92,598 ETH (~$171M)
  • Perpetual funding rate: 4-period average +0.00207% (07-18 00:00 +0.00255% / 07-18 08:00 +0.00394% / 07-18 16:00 +0.00304% / 07-19 00:00 -0.00126%)
  • Taker buy/sell ratio: 24h average 1.1068, latest 0.9848
  • Retail long/short account ratio: 24h average 2.2650, latest 2.3113
  • Top-trader long/short position ratio: 24h average 1.3911, latest 1.3527
  • Open Interest (OI): 24h net +0.99%, currently 2,292,130 ETH
  • Perpetual basis: stable in the -0.05% to +0.05% band
  • Fear & Greed Index: 2026-07-18 print 25 (Fear)

24H Price Review

  • Phase · Early (UTC 00-06): open $1,841.94 → $1,845.86, +0.21%, 6h volume 18,884 ETH.
  • Phase · Late morning (UTC 06-12): open $1,845.85 → $1,845.56, -0.02%, 6h volume 15,099 ETH.
  • Phase · Afternoon (UTC 12-18): open $1,845.56 → $1,852.82, +0.39%, 6h volume 26,079 ETH.
  • Phase · Close (UTC 18-24): open $1,852.83 → $1,862.61, +0.53%, 6h volume 32,535 ETH.

Macro Calendar

  • 🟡 2026-07-22 (Wed) · BTC July options expiry (Deribit) · Impact: Medium
  • 🟡 2026-07-28 (Tue) · U.S. June Durable Goods Orders · Impact: Medium
  • 🔴 2026-07-29 (Wed) · FOMC July rate decision · Impact: High
  • 🔴 2026-07-30 (Thu) · Federal Reserve Chair press conference (Powell) · Impact: High

Bull vs. Bear

  • Phase 2 (UTC 06-12) single-stage sell-off of -0.02% with volume concentrated at 15,099 ETH | printed the window low of $1,837.58 — classic 'event-driven concentrated selling' pattern
  • OI 24h net +0.99% near-neutral | OI added +22,365 ETH — capital neither notably exiting nor actively building positions
  • Range 1.63% elevated volatility reflects fierce bull-bear contest | 24h range of 1.63% is a recent high — rising price volatility = higher position-holding risk
  • Phase 4 (UTC 18-24) single-stage rebound of +0.53% with volume of 32,535 ETH | printed the window high of $1,867.58 — classic 'post-event technical rebound' pattern
  • Top-trader long/short position ratio 24h average 1.39 — institutions mildly long | whale L/S 24h average 1.39 / late session 1.35, showing institutions maintained a mildly bullish stance through the window
  • Close at $1,862.61 held the $1,837.58-$1,867.58 range | 24h price stayed within the window range, did not break the lower band — short-term support intact

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