On July 22, 2026, 15:00–15:15 UTC, ETH surged 0.45% in the short term over 15 minutes, with a price range of 1933.03–1943.21 USDT and an Ampl of 0.53%. During this period, the Filled Amount was 9,424 ETH, which is at a normal level. There was no volume-spike breakout. Market attention warmed up somewhat with the price rebound, but the overall low-volatility ranging pattern remains unchanged.
The main driver behind this move was optimistic remarks by U.S. Treasury Secretary Scott Bessent about the progress of the “Clarity Act” crypto regulatory legislation, which boosted crypto market risk appetite in the short term. BTC rose by about 2.5%, while ETH also followed with a gain of 0.82%–1.19%, reflecting a coordinated move driven by improved regulatory expectations rather than ETH-specific fundamental catalysts.
In addition, trading volume staying at normal levels suggests this upswing was more of a passive linkage than an active push from buy orders. Order Book depth shows the buy/sell ratio is 0.48, with sell orders leading. At $1929.3, there is a 4.52-unit sell wall (accounting for 47.4% of the top 5 levels). Order Book liquidity is extremely thin, making the price vulnerable to small capital inflows. From a technical perspective, the 4h and daily moving averages point upward, but ADX did not exceed 30, indicating insufficient trend strength. RSI across all timeframes is in neutral territory, with no clear directional signal.
Current volatility risk still remains. Watch the follow-up pace of the Clarity Act after it advances, and whether BTC can effectively break above the $1942–$1955 resistance zone. Downside support is at $1910–$1917. In an environment where sell orders dominate and liquidity is limited, short-term downside pressure is still possible. Users should be alert to the risk of a rapid price drop and closely monitor Order Book changes and BTC’s price action.