📊 Ethereum Market Update | July 24, 2026
💻 ETH Price: Trading ~$1,880, down ~3% Thursday; capped below 100‑day EMA ($1,937).
📈 Derivatives Activity: Open interest climbs to 14.6M ETH (+600K in 2 days), highest since June 7. Leverage ratio rising → potential volatility.
⚖️ Funding Rates: Mostly positive this month, but briefly turned negative Thursday → traders cautious.
🏦 ETF Flows: US spot ETH ETFs see 4th straight day of inflows ($72.6M), signaling improving institutional demand despite weak spot sentiment.
📉 Liquidations: $41.5M liquidated in 24h, mostly longs ($34.4M).
📊 Technical Levels:
- Support: $1,837 (20‑day EMA), $1,829 (50‑day EMA), stronger at $1,806.
- Resistance: $1,909, $1,937 (100‑day EMA). Breakout could target $2,018–$2,388.
- RSI ~57, Stochastic ~66 → moderate bullish momentum.
📌Takeaway: ETH shows growing derivatives interest and steady ETF inflows, but risks remain with leverage building and resistance at $1,937 capping recovery.
👉
cointel.io/en/H0aIaRmyZD53a
#Cointel #Ethereum #ETH #Derivatives #ETF #Crypto #MarketUpdate #July2026