ETH rises 0.55% in 15 minutes: Technicals outperform BTC as expectations of macro easing drive a short-term rebound

From 10:15 to 10:30 (UTC) on July 10, 2026, ETH/USDT increased by 0.55% within 15 minutes. The price ranged from $1,790.39 to 1803.0 USDT, with a 0.70% amplitude. Over the past 24 hours, ETH rebounded from a low of $1,731.96 to around $1,791.78, for a cumulative gain of approximately 2.03%. Market attention has clearly intensified, and short-term capital inflows are evident.

The primary driver of this movement is that ETH demonstrates stronger technical resilience compared to BTC. BTC’s breakdown below the Ichimoku cloud indicates short-term weakness, while ETH’s OBV (On-Balance Volume) gradually turns upward, suggesting buyer momentum has not fully diminished. The technical chart also offers a clearer entry zone. Market participants believe that if risk assets broadly recover, ETH could rebound first.

Second, macroeconomic expectations may support the rebound. CME analysts discussed whether yields have peaked; if monetary policy shifts toward easing, risk assets could benefit, providing narrative support for ETH’s medium-term outlook. On the institutional side, Exodus Movement reduced its ETH holdings from 1,433 in May to 457 in June. Although the scale is limited, it reflects some institutions adjusting their positions. Order book data shows the sell side is clearly dominant, with a bid-ask depth ratio of only 0.28. At $1,791.79, there is a large sell wall (3.34 ETH, accounting for 64.7% of the total volume at the top five levels), which may limit further upside.

Volatility risks remain. Key points to watch include whether the $1,792 sell wall is absorbed and whether BTC can reclaim the Ichimoku cloud. Technical signals show the daily and 1-hour moving averages are bullish, but the 4-hour timeframe is in a state of consolidation, and RSI across all periods remains neutral. Next, macro Fed monetary policy signals, ETH ETF fund flows, and Layer 2 ecosystem developments are the key indicators to monitor.