Market Analysis
ETHUSD weekly recap: swing from 1747 to 1943 fades, 2026-07-13
ETHUSD opened at 1802.99 and closed the week at 1823.36, a gain of just over 1 percent after a sharp mid-week rally faded.
3 min readThe week for ADAUSD opened at 0.1615 on Monday and closed at 0.1579 on Friday. Price stretched to a weekly high of 0.1689 on Wednesday and dug down to a weekly low of 0.1549 on Monday. From open to close, that is a net drop of roughly 0.0036, or about 2.2 percent. The bulk of the damage came in the back half of the week as the early rally unwound.
There were no scheduled economic releases tied to Cardano this week, so price action leaned on broader crypto flow and macro liquidity signals. Dollar fix headlines from the PBOC set the risk tone, with a firmer USD/CNY reference rate landing above the Reuters estimate on Friday. A stronger dollar fix tends to pressure risk assets, and ADAUSD sat on the softer side of that flow into the close.
The intraweek shape tells the rest. After the Tuesday and Wednesday climb toward 0.1689, buyers could not extend. Thursday and Friday each printed lower highs and lower closes, and Friday's volume of 1899 came in well below the earlier sessions that ran between 5400 and 6700. Thin participation into a fading tape kept sellers in control.
The bundle carries no scheduled high-impact events for the coming week specific to this instrument. With no calendar catalyst confirmed, watch the dollar fix cadence out of the PBOC and general crypto risk appetite. If the next USD/CNY fixes continue to print firmer than estimate, risk assets like ADAUSD often stay heavy. If the fixes soften relative to estimate, that pressure can ease and give buyers room to retest the mid-range. The move in Cardano this week tracked broader crypto sentiment, so keeping an eye on Bitcoin for directional lead is reasonable.
LHFX client positioning shows 67.5 percent long against 32.5 percent short. That is a two-to-one lean toward the long side even as price closed near the weekly low. A crowded long book into a falling market can mean unrealised drawdown is building, and any further slide risks flushing weak longs. It also means consensus still expects a bounce, which is worth noting when the tape has not confirmed it.
The weekly low at 0.1549 is the first reference on the downside. If price breaks and holds below it, sellers gain room to press lower. On the upside, 0.1614 sits as the Friday high and near-term resistance. If buyers reclaim that and press higher, the 0.1689 weekly high is the level that capped the whole week. You can track these levels and set your own alerts when you open an LHFX account and follow the instrument live.
Byline: LHFX Research
Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa.
