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 US30 started with a Monday open at 52537 and ran to a weekly high of 52855 on Thursday. The weekly low of 52004 printed on Tuesday. By Friday the index settled at 52181. That leaves a net weekly loss of 356 points, roughly 0.68 percent below where the week began.
No scheduled economic events or headlines accompanied this week's tape, so the move reads as pure price action. Tuesday flushed to 52004 before buyers reclaimed the level and pushed the close back up to 52615. That recovery held through Wednesday, when the index closed at 52658, its firmest daily finish of the week.
The turn came Thursday. Price tagged 52855 intraday, failed to hold, and closed lower at 52465. Friday sold off further on thin volume of 19308, closing at 52181 near the session low of 52094. The rejection at 52855 and the drop into Friday together erased the midweek advance.
The bundle carries no scheduled high-impact events for the coming week. Without a data catalyst, watch how price behaves around the levels that framed this week's range. A firm hold above the prior swing area suggests buyers are defending the recovery. A break beneath it puts the Tuesday low back in focus.
As of 2026-07-17, LHFX client positioning sits at 57.3 percent long against 42.7 percent short. That is a modest tilt toward the long side into a week that closed lower. When the majority holds long against a falling close, the skew can act as overhead supply if those positions come under pressure and start to cover.
The weekly high at 52855 is the first hurdle. If price closes back above it, the round-number zone near 53000 comes into view. On the downside, the Tuesday low at 52004 is the line that held once already. If price closes below 52004, the psychological 52000 handle is gone and the next reference sits lower. Compare the tone against the Nasdaq 100 to gauge whether the weakness is broad or index-specific, and you can track both from your LHFX account.
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.
