Ethereum · 2026-10-10

That day's trend: Neutral leaning bullish

That day's view: ETH at 2506, intraday +0.76% slightly stronger than BTC, opened at 2487 touched high 2519 probed low 2486, $33 narrow range oscillation; vol 124K ETH vs 7-day avg 244K contracted -49% synchronous with BTC hitting near-week lows; funding 4-period avg -0.0671% cold net short paying, 4 periods +0.0056→+0.0005→+0.003→final period -0.0118 cold flip -492% textbook passive weak de-loading; OI 2.343M flat -0.06%, taker final period 0.84 sell-side dominant -15% vs first period sell pressure magnified; whales top_pos_ls from 1.754 dropped significantly to 1.600 -8.79%, top_acc slightly down -0.6% basically flat, position-level large reduction accounts in wait-and-see; signal (c) same direction as BTC slightly weak, short-term rally lacks buy support, whale position-level large reduction as de-loading signal; key levels 2520 resistance 2480 support, same rhythm as BTC before 10/13 CPI wait-and-see.

Key Data

ETH closing price: UTC 2026-10-10 00:00 at $2487.69, UTC 2026-10-10 24:00 at $2507.00, window +0.76%
Intraday range: High $2519.51 / Low $2486.03, range $33.48 (1.35%)
24-hour whole-network volume: 123,654 ETH (~$310M)
Perpetual funding rate: 4-period avg -0.00067% (10-10 00:00 +0.00558% / 10-10 08:00 +0.00050% / 10-10 16:00 +0.00299% / 10-11 00:00 -0.01175%)
Active taker buy/sell ratio: 24-hour avg 0.9523, latest 0.8363
Long/short account ratio (retail): 24-hour avg 3.0327, latest 3.0080
Whale position long/short ratio: 24-hour avg 1.6888, latest 1.5999
Open Interest (OI): 24h net -0.06%, currently 2,342,164 ETH
Perpetual basis: Stable in -0.05% to +0.05% range
Fear & Greed Index: 2026-10-10 at 64 (Neutral)

24H Market Recap

Phase · Early (UTC 00-06): Open $2487.69 → $2498.17, +0.42%, 6h volume 16,434 ETH.
Phase · Late morning (UTC 06-12): Open $2498.17 → $2497.42, -0.03%, 6h volume 15,926 ETH.
Phase · Afternoon (UTC 12-18): Open $2497.43 → $2508.32, +0.44%, 6h volume 39,376 ETH.
Phase · Close (UTC 18-24): Open $2508.31 → $2506.52, -0.07%, 6h volume 51,918 ETH.

Upcoming Macro Calendar

🔴 2026-10-13 (Tue) · US September Consumer Price Index (CPI, YoY/MoM) · Impact: High
🟡 2026-10-15 (Thu) · US September Producer Price Index (PPI) · Impact: Medium
🟡 2026-10-23 (Fri) · BTC October options expiry (Deribit) · Impact: Medium
🔴 2026-10-28 (Wed) · Fed October rate decision · Impact: High
🔴 2026-10-29 (Thu) · Fed Chair press conference (Walsh) · Impact: High

Long/Short Game

Phase 4 (UTC 18-24) single-phase sharp drop -0.07% + concentrated volume 51,918 ETH | Touched window low $2486.03, typical "selloff triggered by negative event" pattern
OI 24h net -0.06% near neutral | OI net -1,334 ETH, funds not significantly exiting but also not actively building positions
Active sell side 24h avg 0.9523 < 1.0 sell dominant | Taker consistently sell-side favored, though late session 0.8363 buy-side returned but price failed to show effective rebound
Phase 3 (UTC 12-18) single-phase rebound +0.44% + volume 39,376 ETH | Touched window high $2519.51, typical "technical rebound after negative event" pattern
Whale position L/S 24h avg 1.69 institutional mildly bullish | Whale L/S 24h avg 1.69 / late 1.60, showing institutions maintained mildly bullish stance during window
Close at $2506.52 held $2486.03-$2519.51 range | 24h price stayed within window range, didn't break below lower boundary = short-term support valid