Ethereum · 2026-07-21
That day's view: ETH opened on July 21 at $1,904.77 and closed at $1,930.09, with an intraday high of $1,953.00 and a low of $1,900.74 — a 24-hour gain of +1.33%. Volume of 326,966 ETH (approximately $631 million) expanded 1.33% versus the prior window. Average perpetual funding was +0.00284% — bullish sentiment is mild, no crowding visible. Open Interest rose 1.29%; with price, OI, and funding all moving in the same direction, the move fits a healthy fresh-long-driven rebound (a). The Fear & Greed Index sat at 25, indicating the market remains cautious. ETH underperformed BTC in 24h gain, showing no strong rotation yet. Watch $1,953 resistance and $1,900.74 support. A breakout above resistance needs volume confirmation; if OI keeps climbing while price weakens again, rebound quality would deteriorate.
Key Data
- ETH close: UTC 2026-07-21 00:00 $1,904.77, UTC 2026-07-21 24:00 $1,932.19, window change +1.33%
- Intraday range: High $1,953.00 / Low $1,900.74, swing $52.26 (2.74%)
- 24-hour total volume: 326,966 ETH (~$631 million)
- Perpetual funding rate: 4-period average +0.00284% (07-21 00:00 +0.00259% / 07-21 08:00 +0.00413% / 07-21 16:00 +0.00360% / 07-22 00:00 +0.00106%)
- Aggressive buy/sell ratio: 24h average 1.0704, latest 1.8758
- Retail long/short ratio: 24h average 1.7205, latest 1.6983
- Top-trader long/short ratio: 24h average 1.3511, latest 1.3886
- Open Interest (OI): 24h net +1.29%, currently 2,334,142 ETH
- Perpetual basis: Stable in -0.05% to +0.05% range
- Fear & Greed Index: 2026-07-21 reading 25 (Fear)
24H Price Review
- Phase · Early Session (UTC 00-06): open $1,904.77 → $1,930.56, +1.35%, 6h volume 57,108 ETH.
- Phase · Late Morning (UTC 06-12): open $1,930.56 → $1,935.69, +0.27%, 6h volume 136,804 ETH.
- Phase · Afternoon (UTC 12-18): open $1,935.69 → $1,918.71, -0.88%, 6h volume 84,807 ETH.
- Phase · Close (UTC 18-24): open $1,918.70 → $1,930.09, +0.59%, 6h volume 48,246 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) · Fed July FOMC rate decision · Impact: High
- 🔴 2026-07-30 (Thu) · Fed Chair Powell press conference · Impact: High
Bull vs. Bear
- Phase 3 (UTC 12-18) sharp drop -0.88% + volume concentrated at 84,807 ETH | touched window low $1,900.74, classic "negative-event triggered concentrated selling" pattern
- OI 24h net +1.29% with rising price but OI-led gain — bears actively building | OI up +29,642 ETH while price fell +1.33%, typical active short accumulation
- Amplitude 2.74% — high volatility reflects fierce long/short contest | 24h amplitude 2.74% hits recent high; rising volatility = rising position risk
- Phase 1 (UTC 00-06) single-phase rebound +1.35% + volume 57,108 ETH | touched window high $1,953.00, classic "post-event technical rebound" pattern
- Top-trader long/short 24h average 1.35 — institutions mildly bullish | Top-trader L/S 24h avg 1.35 / close 1.39, institutions maintained a mildly bullish stance through the window
- Aggressive buying at close 1.8758 > 1.0 — buy-side return | Close taker buy pressure returned, showing bids support near $1,900.74