Ethereum · 2026-10-03

That day's trend: Cautiously bullish

That day's view: 10/3 ETH oscillating between 2668 and 2687, +0.70%, with a $24 USD range, similarly narrow for BTC. Volume at 79,161 ETH, down 69% YoY vs 7-day average, both ETH and BTC experiencing extreme volume contraction with heavy caution. Funding monotonically rising 0.15%→0.01%→0.18%↓0.38%, final session +107% rebound, OI +0.52% increase + taker final session 0.92 sell-side + whale long/short ratio 1.739 across sessions -7.94% significant reduction + retail long/short ratio -4.36% simultaneous reduction. Signal is (c), whale active reduction + funding monotonically rising active variant, same signal as BTC (c) but different mechanism. FGI 67, focus on 10/13 CPI as next major decision event.

Key Data

ETH closing price: UTC 2026-10-03 00:00 reported $2,668.59, UTC 2026-10-03 24:00 reported $2,686.91, +0.70% within the window
Intraday range: High $2,690.00 / Low $2,665.67, range $24.33 (0.91%)
24-hour whole-network volume: 79,161 ETH (approximately $212M)
Perpetual contract funding rate: four-period average +0.00181% (10-03 00:00 +0.00150% / 10-03 08:00 +0.00009% / 10-03 16:00 +0.00183% / 10-04 00:00 +0.00380%)
Active taker buy/sell ratio: 24-hour average 1.0278, latest 0.9220
Long/short account ratio (retail): 24-hour average 2.9188, latest 2.8595
Whale position long/short ratio: 24-hour average 1.5793, latest 1.5618
Open Interest (OI): 24h net +0.52%, currently reported at 2,316,864 ETH
Perpetual basis: stable within -0.05% to +0.05% range
Fear & Greed Index: reported at 67 on 2026-10-03 (Neutral)

24H Market Recap

Phase · Early (UTC 00-06): Opened $2,668.59 → $2,677.74, +0.34%, 6h volume 22,446 ETH.
Phase · Late Morning (UTC 06-12): Opened $2,677.74 → $2,684.55, +0.25%, 6h volume 21,479 ETH.
Phase · Afternoon (UTC 12-18): Opened $2,684.54 → $2,689.01, +0.17%, 6h volume 22,218 ETH.
Phase · Closing (UTC 18-24): Opened $2,689.01 → $2,687.23, -0.07%, 6h volume 13,017 ETH.

Future Macro Calendar

🔴 2026-10-13 (Tuesday) · US September Consumer Price Index (CPI, YoY/MoM) · Impact: High
🟡 2026-10-15 (Thursday) · US September Producer Price Index (PPI) · Impact: Medium
🟡 2026-10-23 (Friday) · BTC October Options Expiry (Deribit) · Impact: Medium
🔴 2026-10-28 (Wednesday) · Fed October Interest Rate Decision · Impact: High
🔴 2026-10-29 (Thursday) · Fed Chair Press Conference (Walsh) · Impact: High

Long/Short Game

Phase 4 (UTC 18-24) single-phase sharp drop -0.07% + concentrated volume 13,017 ETH | Touched window low $2,665.67, typical "concentrated selling pressure triggered by negative event" pattern
OI 24h net +0.52% near neutral | OI net +12,003 ETH, funds not significantly撤离 but not actively building positions either
Range 0.91% high volatility reflecting intense long/short battle | 24h range 0.91% hitting recent high, price volatility rising = position risk increasing
Phase 1 (UTC 00-06) single-phase rebound +0.34% + volume 22,446 ETH | Touched window high $2,690.00, typical "technical rebound after negative event" pattern
Whale position long/short ratio 24h average 1.58 institutional slightly bullish | Whale L/S 24h average 1.58 / closing 1.56, showing institutions maintained slightly bullish stance within the window
Close at $2,687.23 holding $2,665.67-$2,690.00 range | 24h price held within window range, did not break below lower boundary = short-term support valid