Ethereum · 2026-09-04
当日の見解：ETH closed yesterday in sync with BTC on a bearish session: open $2,507.50, high $2,546.66, low $2,431.61, close $2,455.85 — a -2.06% move over 24 hours with an intraday range of roughly 4.6%, lagging BTC on direction but trading wider, the textbook ETH high-beta signature. Volume of 412,268 ETH sat near the 7-day median, with no panic-driven sell expansion. The funding rate averaged +0.00453%, sliding from +0.0089% the prior day (about 0.5x), with both sides seeing carry relief. Open Interest moved from 2,308,924 to 2,249,401 ETH (-2.58%), de-leveraging mildly into the pullback — a textbook (c) long-led de-leveraging move with no fresh short accumulation. FGI held at 74 (Greed); structure ran in lockstep with BTC. Composite view: ETH followed BTC lower with relative strength unchanged; support sits at $2,400–$2,420, resistance at $2,530–$2,550; watch whether BTC can stabilize and whether Layer2 capital flow returns, with the ETH/BTC ratio holding steady as the short-term pivot to monitor.
Key Data
- ETH Closing Price: UTC 2026-09-04 00:00 reported $2,507.50, UTC 2026-09-04 24:00 reported $2,454.94, -2.06% within the window
- Intraday Range: High $2,546.66 / Low $2,431.61, range $115.05 (4.59%)
- 24h Total Network Volume: 412,268 ETH (approximately $1.024 billion)
- Perpetual Funding Rate: 4-period average +0.00453% (09-04 00:00 +0.00953% / 09-04 08:00 +0.00600% / 09-04 16:00 +0.00059% / 09-05 00:00 +0.00200%)
- Taker Buy/Sell Ratio: 24h average 1.0230, latest 1.1750
- Retail Long/Short Account Ratio: 24h average 2.3695, latest 2.5868
- Top Trader Long/Short Ratio: 24h average 1.7393, latest 1.7683
- Open Interest (OI): 24h net -2.58%, currently 2,249,401 ETH
- Perpetual Basis: Stable within the -0.05% to +0.05% range
- Fear & Greed Index: 2026-09-04 reading 74 (Neutral)
24H Price Review
- Phase · Early (UTC 00-06): Open $2,507.50 → $2,509.25, +0.07%, 6h volume 59,244 ETH.
- Phase · Mid-Morning (UTC 06-12): Open $2,509.25 → $2,523.02, +0.55%, 6h volume 107,751 ETH.
- Phase · Afternoon (UTC 12-18): Open $2,523.03 → $2,445.36, -3.08%, 6h volume 207,385 ETH.
- Phase · Close (UTC 18-24): Open $2,445.35 → $2,455.85, +0.43%, 6h volume 37,887 ETH.
Macro Calendar
- 🔴 2026-09-04 (Fri) · US August Non-Farm Payrolls (NFP) · Impact: High
- 🔴 2026-09-11 (Fri) · US August Consumer Price Index (CPI, YoY/MoM) · Impact: High
- 🔴 2026-09-16 (Wed) · Fed September Interest 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
Bull vs. Bear
- Phase 3 (UTC 12-18) single-phase drop of -3.08% with concentrated volume of 207,385 ETH | Touched window low $2,431.61, a textbook concentrated-selloff pattern triggered by negative catalysts
- OI 24h net -2.58% with both sides de-leveraging | OI shed 59,523 ETH, both longs and shorts actively reduced exposure — textbook de-leveraging
- Range 4.59% elevated volatility reflects intense two-sided battle | 24h range 4.59% hit a recent high, rising volatility = rising holding risk
- Phase 2 (UTC 06-12) single-phase rebound of +0.55% with 107,751 ETH volume | Touched window high $2,546.66, a textbook technical rebound following negative catalysts
- Top Trader Long/Short 24h average 1.74 — institutions mildly bullish | Top L/S 24h avg 1.74 / close 1.77, institutions held a mildly bullish stance through the window
- Taker buy-side late print 1.1750 > 1.0 with buyers returning | Late-session taker buy flow returned, showing bids stepping in around the $2,431.61 area