Ethereum · 2026-09-26
That day's view: On September 26, ETH closed at $2696. During the session, it opened at $2691.62 and edged higher, reaching a high of $2697.79 and a low of $2664.79, up approximately 0.17% over 24 hours. On the volume front, spot trading totaled approximately 86,484 ETH today, a significant contraction of approximately 71.3% compared to the 7-day daily average of 301,740, marking the lowest trading volume in nearly a week. Regarding funding rates, all 4 settlement windows today remained positive, with the rate median around 0.62% in the warm range; the latter part declined from 0.0066 to 0.0057, indicating marginal contraction in longs' willingness to pay. Open interest increased slightly from 2,265,004 to 2,272,700, a gain of approximately 0.34%, which is a minor increase; the taker buy/sell ratio in the latter part jumped from 0.70 to 1.85 with extremely strong buying pressure. Comprehensive assessment: (b) In the later stage of short squeeze, long-short gaming is cooling but short-term buying is stepping in. The FGI Fear & Greed Index rose from 71 to 74, climbing in sync with BTC. Key levels: support below at the $2660-2680 dense trading zone, resistance above at the $2700-2720 psychological level; subsequent focus on Layer2 network activity and CPI catalyst in early October.
Key Data
- ETH closing price: UTC 2026-09-26 00:00 reported $2691.62, UTC 2026-09-26 24:00 reported $2693.78, +0.17% within the window
- Intraday range: High $2697.79 / Low $2664.79, range $33.00 (1.23%)
- 24h whole-network trading volume: 86,484 ETH (approximately $232 million)
- Perpetual funding rate: Four-period average +0.00622% (09-26 00:00 +0.00661% / 09-26 08:00 +0.00674% / 09-26 16:00 +0.00580% / 09-27 00:00 +0.00571%)
- Active buyer/seller ratio: 24h average 1.0380, latest 1.8480
- Long/short account ratio (retail): 24h average 2.7012, latest 2.7120
- Whale position long/short ratio: 24h average 1.6466, latest 1.6292
- Open interest (OI): 24h net +0.34%, currently reported at 2,272,700 ETH
- Perpetual basis: Stable within -0.05% to +0.05% range
- Fear & Greed Index: 74 reported on 2026-09-26 (Neutral)
24H Market Recap
- Phase · Early (UTC 00-06): Opened $2691.62 → $2686.47, -0.19%, 6h volume 18,506 ETH.
- Phase · Late Morning (UTC 06-12): Opened $2686.47 → $2689.49, +0.11%, 6h volume 23,233 ETH.
- Phase · Afternoon (UTC 12-18): Opened $2689.48 → $2690.57, +0.04%, 6h volume 21,834 ETH.
- Phase · Close (UTC 18-24): Opened $2690.56 → $2696.33, +0.21%, 6h volume 22,911 ETH.
Long-Short Dynamics
- 🐻 Phase 1 (UTC 00-06) single-phase sharp drop -0.19% + concentrated volume 18,506 ETH | Touched window low $2664.79, typical "concentrated selling pressure triggered by bearish event" pattern
- 🐻 OI 24h net +0.34% close to neutral | OI net +7,696 ETH, capital has not significantly exited but also not actively building positions
- 🐻 Range 1.23% high volatility reflects intense long-short gaming | 24h range 1.23% hits recent high, price volatility rising = position risk increasing
- 🐂 Phase 4 (UTC 18-24) single-phase rebound +0.21% + volume 22,911 ETH | Touched window high $2697.79, typical "technical rebound after bearish event" pattern
- 🐂 Whale position long/short ratio 24h average 1.65 institutions mildly bullish | Whale L/S 24h average 1.65 / late session 1.63, showing institutions maintained mildly bullish stance during the window
- 🐂 Active buying in late session 1.8480 > 1.0 buying returns | Late session taker buying returned, showing market has buying support near $2664.79