Ethereum · 2026-08-24

That day's trend: Cautiously bullish

That day's view: ETH closed 8/24 at $2,482 (+0.77%), range 2,424-2,533 amplitude 4.46%; volume 467,435 ETH up +23% YoY, significantly weaker than BTC's +96%; funding rate 0.00983% vs prior 0.01000% slightly down 0.98x, direction neutral; OI rose +1.06% but volume insufficient, classified as (c₁) main force mild accumulation without follow-through buying; FGI 73 greed zone in sync, ETH/BTC ratio 31.82 weakening (BTC up 1.62% vs ETH 0.77%, β only 0.48x); key levels 2,533/2,424, watch whether ETH can catch up after BTC breaks 80,000.

Key Data

ETH closing price: UTC 2026-08-24 00:00 at $2,463.42, UTC 2026-08-24 24:00 at $2,480.25, +0.77% within window
Intraday range: high $2,532.95 / low $2,424.73, range $108.22 (4.39%)
24-hour total network volume: 467,435 ETH (~$1.158B)
Perpetual funding rate: 4-period mean +0.00983% (08-24 00:00 +0.01000% / 08-24 08:00 +0.01000% / 08-24 16:00 +0.01000% / 08-25 00:00 +0.00930%)
Taker buy/sell ratio: 24h mean 1.0115, latest 0.8155
Retail long/short account ratio: 24h mean 2.3997, latest 2.4106
Top-trader long/short ratio: 24h mean 1.7908, latest 1.8129
Open Interest (OI): 24h net +1.06%, currently 2,417,753 ETH
Perpetual basis: stable in -0.05% to +0.05% range
Fear & Greed Index: 2026-08-24 reading 73 (Neutral)

24H Price Review

Phase · Early (UTC 00-06): open $2,463.42 → $2,448.92, -0.59%, 6h volume 85,618 ETH.
Phase · Early-Afternoon (UTC 06-12): open $2,448.92 → $2,494.18, +1.85%, 6h volume 113,451 ETH.
Phase · Afternoon (UTC 12-18): open $2,494.18 → $2,468.97, -1.01%, 6h volume 207,900 ETH.
Phase · Close (UTC 18-24): open $2,468.97 → $2,482.31, +0.54%, 6h volume 60,466 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 3 (UTC 12-18) single-phase sell-off -1.01% + concentrated volume 207,900 ETH | touched window low $2,424.73, classic "bearish-event triggered concentrated selling pressure" pattern
OI 24h net +1.06% price down OI up = shorts actively building | OI +25,310 ETH while price dropped +0.77%, classic active short accumulation
Range 4.39% high volatility reflects intense bull-bear contest | 24h range 4.39% recent high, volatility up = position risk increased
Phase 2 (UTC 06-12) single-phase rebound +1.85% + volume 113,451 ETH | touched window high $2,532.95, 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
close at $2,482.31 held $2,424.73-$2,532.95 range | 24h price held within window range, did not break lower bound = short-term support effective