Ethereum · 2026-09-10
That day's view: ①Data Trend: Open 2,468.14 Close 2,438.27, High 2,484.76 Low 2,405.85, 24h declined 1.21%, solid bearish candle but with significant lower wick, bears tested 2,400 and got partially absorbed. ②Volume: 347,434 ETH traded, up 15.1% from previous day's 301,746 ETH, price down with volume up indicates significant proactive selling. ③Funding Rate: Today's -0.00156%, a significant flip from previous day's +0.00391%, turning from positive to negative across tiers, strong signal of marginal bear additions. ④Open Interest: Rose from 2,257,360 to 2,314,811, up 2.55%, combined with price drop, OI rise, and funding turning negative clearly indicates (c-mix with bear accumulation) pattern, not squeeze. ⑤Fear & Greed Index: 69, synchronized with BTC sideways for 3 days unchanged. Comprehensive judgment: 2,400 is strong intraday support, break below opens next tier at 2,350; resistance levels above at 2,500 / 2,530; ETH funding turning bearish combined with OI rise is a clearer short signal than BTC, watch tonight's ETF fund flows and whether 2,400 breaks; if OI continues rising while price fails to hold 2,400, the downward structure will be further reinforced.
Key Data
- ETH Close: UTC 2026-09-10 00:00 at $2468.14, UTC 2026-09-10 24:00 at $2444.88, within window -1.21%
- Intraday Range: High $2484.76 / Low $2405.85, amplitude $78.91 (3.20%)
- 24H Whole-Network Volume: 347,434 ETH (~$850M)
- Perpetual Funding Rate: 4-period average -0.00156% (09-10 00:00 -0.00117% / 09-10 08:00 +0.00509% / 09-10 16:00 -0.01081% / 09-11 00:00 +0.00063%)
- Taker Buy/Sell Ratio: 24H average 0.9891, latest 1.1718
- Long/Short Account Ratio (retail): 24H average 2.7598, latest 2.7355
- Whale Position Long/Short Ratio: 24H average 1.4477, latest 1.2932
- Open Interest (OI): 24H net +2.55%, now at 2,314,811 ETH
- Perpetual Basis: Stable within -0.05% to +0.05% range
- Fear & Greed Index: 2026-09-10 reported 69 (Neutral)
24H Market Recap
- Phase · Early (UTC 00-06): Open $2468.14 → $2482.13, +0.57%, 6H volume 39,700 ETH.
- Phase · Late Morning (UTC 06-12): Open $2482.12 → $2462.21, -0.80%, 6H volume 45,353 ETH.
- Phase · Afternoon (UTC 12-18): Open $2462.21 → $2466.08, +0.16%, 6H volume 206,923 ETH.
- Phase · Close (UTC 18-24): Open $2466.09 → $2438.27, -1.13%, 6H volume 55,458 ETH.
Future Macro Calendar
- 🔴 2026-09-11 (Fri) · US August Consumer Price Index (CPI, YoY/MoM) · Impact: High
- 🔴 2026-09-16 (Wed) · Fed September Rate Decision · Impact: High
- 🔴 2026-09-17 (Thu) · Fed Chair Press Conference (Powell) · Impact: High
- 🟡 2026-09-25 (Fri) · BTC September Options Expiry (Deribit) · Impact: Medium
Long/Short Game
- Phase 4 (UTC 18-24) single-phase sharp drop -1.13% + concentrated volume 55,458 ETH | Touched window low $2405.85, typical "selloff triggered by bearish event" pattern
- OI 24H net +2.55% price down OI up = Bears proactively building | OI increased +57,451 ETH while price dropped -1.21%, typical active short accumulation
- Active selling 24H average 0.9891 < 1.0 seller-dominated | Taker consistently seller-advantaged, though late 1.1718 buying returned but price failed to rebound effectively
- Phase 1 (UTC 00-06) single-phase rebound +0.57% + volume 39,700 ETH | Touched window high $2484.76, typical "technical rebound after bearish event" pattern
- Whale position long/short ratio 24H average 1.45 institutions mildly bullish | Whale L/S 24H average 1.45 / late 1.29, showing institutions maintained mildly bullish stance within window
- Active buying late 1.1718 > 1.0 buying returned | Late taker buying returned, showing market has buying support near $2405.85