Ethereum · 2026-07-31
That day's view: On July 31, ETH opened at $1,918.32 and closed at $1,862.60, with an intraday high of $1,936.15 and low of $1,848.70, posting a 24-hour decline of 2.90%. Trading volume reached 242,905 ETH, with activity picking up as price probed lower; the prior-day volume figure is not provided in the current summary, so a reliable year-on-year volume comparison cannot be computed. The funding-rate average was +0.00291%, roughly 0.40x BTC's level, still tilted long but with a less crowded leverage profile. Open Interest dropped from 2,322,769 to 2,312,159, a 0.46% decline; the drop in price alongside mild OI reduction is closer to a (c) configuration driven by long-side stops and deleveraging, rather than aggressive new-short attacks. The Fear & Greed Index printed 25, leaving fear sentiment in place; near-term watch the $1,848.70 support and the $1,918.32 counter-pressure, and only a recovery back above the opening level would signal that selling pressure has eased on a staged basis.
Key Data
- ETH closing price: $1,918.32 at UTC 2026-07-31 00:00 and $1,863.90 at UTC 2026-07-31 24:00, down 2.90% over the window
- Intraday range: high $1,936.15 / low $1,848.70, an $87.45 range (4.56%)
- 24-hour total market volume: 242,905 ETH (approximately $457 million)
- Perpetual funding rate: four-period average +0.00291% (07-31 00:00 +0.00573% / 07-31 08:00 +0.00121% / 07-31 16:00 -0.00204% / 08-01 00:00 +0.00674%)
- Taker buy/sell ratio: 24-hour average 0.9387, latest 0.7260
- Retail long/short account ratio: 24-hour average 2.4044, latest 2.6364
- Top-trader long/short position ratio: 24-hour average 1.3275, latest 1.3875
- Open Interest (OI): 24-hour net change -0.46%, currently 2,312,159 ETH
- Perpetual basis: stable within the -0.05% to +0.05% range
- Fear & Greed Index: 25 on 2026-07-31 (Fear)
24H Price Review
- Phase · Early session (UTC 00-06): open $1,918.32 → $1,906.13, -0.64%, 6h volume 46,350 ETH.
- Phase · Late morning (UTC 06-12): open $1,906.14 → $1,884.26, -1.15%, 6h volume 56,779 ETH.
- Phase · Afternoon (UTC 12-18): open $1,884.27 → $1,875.01, -0.49%, 6h volume 110,605 ETH.
- Phase · Close (UTC 18-24): open $1,875.01 → $1,862.60, -0.66%, 6h volume 29,170 ETH.
Bull vs. Bear
- Phase 2 (UTC 06-12) saw a single-stage 1.15% sell-off with 56,779 ETH in concentrated volume | Price touched the window low of $1,848.70, a typical pattern of concentrated selling triggered by negative news
- OI dropped a net 0.46% over 24h, near neutral | OI net change of -10,610 ETH shows capital not visibly retreating but also not actively building positions
- 24-hour average taker buy/sell 0.9387 < 1.0 indicates seller dominance | Taker flows stayed seller-dominant through the window, and although the close saw buyer return to 0.7260, the price failed to register an effective rebound
- Phase 3 (UTC 12-18) delivered a single-stage 0.49% rebound on volume of 110,605 ETH | Price touched the window high of $1,936.15, a typical post-negative-event technical rebound pattern
- Top-trader long/short positions averaged 1.33 over 24h, indicating a mildly bullish institutional stance | The ratio averaged 1.33 and ended at 1.39, showing institutions remained mildly bullish throughout the window
- Closing price $1,862.60 held within the $1,848.70-$1,936.15 range | The 24-hour price held inside the window range without breaching the lower bound, indicating near-term support is intact