ETH rises 0.83% in 15 minutes: Asian buying continues, and buying at a key support level resonates in tandem

From 09:30 to 09:45 (UTC) on July 2, 2026, ETH edged up slightly within the 1629.54 to 1652.29 USDT range, with a return rate of +0.83% and an amplitude of 1.40%. This period is in the continuation phase of the Asian trading session, when volatility is relatively moderate; however, the market’s buying strength remains somewhat active in the afternoon, and investors are paying attention to short-term technical rebounds.

The main driving force behind this unusual move is the continuation of the buying advantage during the Asian session. Data from Cryptometer.io shows that from 08:00 to 09:00 UTC that day, the buy ratio for ETH on a major exchange reached 60%, and on another leading platform it reached 68%. At 09:00 UTC, both still maintained buyer advantages of 56% and 61%, respectively. From 09:30 to 09:45 UTC—an extension window for Asian buy orders—order-flow pressure pushed the price up slightly by about 0.83%.

In addition, buy-side absorption near key support levels provides secondary support. After ETH dipped to a daily low of 1565.26 USDT, it rebounded, with the psychological level of 1500 USDT and the monthly closing low forming a technical buffer. Programmatic strategies and dip-buying were triggered in this area. At the same time, signals that whales are continuing to accumulate on-chain remain a focus of market attention: a historical record showing that a certain address bought 50,537 ETH (about 1.62 billion USD) in a single day on January 19 reinforced the “smart money” narrative and attracted some copy-trading capital. In addition, after about 10.63 billion USD worth of options expired in June, short-term selling pressure was somewhat released. With multiple factors converging, they amplified this mild rebound within the 15-minute window.

It should be noted that ETH’s technical picture is still overall weak: the price has fallen below the 50-day and 200-day moving averages, the monthly RSI is around 40, and the Fear and Greed Index is only 11 (extreme fear). Against the backdrop of three consecutive quarters of declines, this 0.83% increase is more of a technical rebound rather than a trend reversal. In the short term, investors should watch whether the 1500 USDT support level holds effectively, and whether the 1753 USDT resistance level can be broken through; meanwhile, they should also pay attention to large on-chain transfer movements and changes in the macro news landscape. Investors should stay cautious and avoid chasing higher prices.

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