Ethereum · 2026-08-22
That day's view: ETH closed 8/22 at $2,422.60 (-3.72%), range 2,385-2,529; volume 485,165 ETH, -7.0% vs 8/21, mild contraction; funding flat +0.0100% but ETH drawdown 2.31x BTC (high beta), OI dropped -2.12% to 2,370,649; classified as (b) volume-led sell-off + sharp OI drop + flat funding = major distribution + short profit-taking fueling rebound potential; FGI 71 persistent Greed; key levels: 2,470 resistance / 2,385 support, watch 8/27 PCE and 8/28 CME futures expiry.
Key Data
- ETH closing price: UTC 2026-08-22 00:00 at $2,516.31, UTC 2026-08-22 24:00 at $2,424.42, -3.72% within window
- Intraday range: high $2,529.99 / low $2,385.00, range $144.99 (5.76%)
- 24-hour total network volume: 485,165 ETH (~$1.188B)
- Perpetual funding rate: 4-period mean +0.01000% (08-22 00:00 +0.01000% / 08-22 08:00 +0.01000% / 08-22 16:00 +0.01000% / 08-23 00:00 +0.01000%)
- Taker buy/sell ratio: 24h mean 0.9286, latest 1.0121
- Retail long/short account ratio: 24h mean 2.5398, latest 2.5727
- Top-trader long/short ratio: 24h mean 1.7856, latest 1.8111
- Open Interest (OI): 24h net -2.12%, currently 2,370,649 ETH
- Perpetual basis: stable in -0.05% to +0.05% range
- Fear & Greed Index: 2026-08-22 reading 71 (Neutral)
24H Price Review
- Phase · Early (UTC 00-06): open $2,516.31 → $2,439.95, -3.03%, 6h volume 220,039 ETH.
- Phase · Early-Afternoon (UTC 06-12): open $2,439.95 → $2,423.93, -0.66%, 6h volume 128,652 ETH.
- Phase · Afternoon (UTC 12-18): open $2,423.92 → $2,426.32, +0.10%, 6h volume 70,894 ETH.
- Phase · Close (UTC 18-24): open $2,426.33 → $2,422.60, -0.15%, 6h volume 65,580 ETH.
Macro Calendar
- 🟡 2026-08-26 (Wed) · US August Consumer Confidence Index · Impact: Medium
- 🟡 2026-08-28 (Fri) · BTC August Options Expiry (Deribit) · Impact: Medium
- 🔴 2026-09-01 (Tue) · US August ISM Manufacturing Index · Impact: High
- 🔴 2026-09-04 (Fri) · US August Non-Farm Payrolls (NFP) · Impact: High
- 🔴 2026-09-11 (Fri) · US August CPI (Year-over-Year / Month-over-Month) · Impact: High
- 🔴 2026-09-16 (Wed) · Fed September Rate Decision · Impact: High
- 🔴 2026-09-17 (Thu) · Fed Chair Press Conference (Powell) · Impact: High
Bull vs. Bear
- Phase 1 (UTC 00-06) single-phase sell-off -3.03% + concentrated volume 220,039 ETH | touched window low $2,385.00, classic "bearish-event triggered concentrated selling pressure" pattern
- OI 24h net -2.12% synchronized long-short deleveraging | OI net -51,438 ETH decrease, both sides actively reducing positions, classic deleveraging state
- Taker sell pressure 24h mean 0.9286 < 1.0 seller-dominant | Taker persistently seller-favored, although late session 1.0121 buy-side returned price showed no effective rebound
- Phase 3 (UTC 12-18) single-phase rebound +0.10% + volume 70,894 ETH | touched window high $2,529.99, classic "post-bearish-event technical rebound" pattern
- Top-trader L/S 24h mean 1.79 institutions mildly bullish | top-trader L/S 24h mean 1.79 / close 1.81, showing institutions maintained mildly bullish stance within window
- Taker buy pressure late 1.0121 > 1.0 buy-side returned | late session taker buy-side returned, showing market has buy-side support near $2,385.00