ETH rises 0.56% in 15 minutes: Extreme fear sentiment recovery combined with technical buying drives a short-term rebound

Between 01:00 and 01:15 UTC on July 9, 2026, ETH/USDT rebounded from $1,737.54 to $1,756.17, recording a 0.56% return within 15 minutes, with an amplitude of 1.07%. The market received significant buy support near the psychological level of $1,750.

The main drivers of this move are a technical rebound demand combined with extreme sentiment correction. The fear and greed index was at 14, indicating "extreme fear," which historically tends to occur near local lows, suggesting seller pressure is nearing exhaustion. Additionally, after closing at $1,740 on July 8, the price stabilized around $1,750, reflecting technical buy support needs.

Furthermore, the release of long liquidation pressure and whale accumulation at lows resonated. Over the past 24 hours, long liquidations accounted for 78.1%, and after overleveraged long positions were cleared, the holding structure became healthier. Glassnode data shows the number of whale addresses holding 1,000 to 10,000 ETH increased by the largest margin in 30 days at the end of June, indicating large holders are positioning at low prices. However, open interest in derivatives has decreased by 22.25% over 30 days, ETF net outflows in the past 30 days reached $960.2 million, and active addresses on the network have fallen 46% since the start of the year, all suggesting limited fundamental support.

Risk warning: Attention should be paid to the key technical resistance at $1,803–$1,804. If the price cannot break through this zone effectively, a short-term pullback may occur again. It is recommended to closely monitor subsequent volume changes and the stabilization in the $1,750–$1,760 range.