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LHFX consists of the following entities:

LHFX is a trading name of Longhorn Ltd, a Mauritius company authorized and regulated by the Financial Services Commission Mauritius under the Investment Dealer license number GB23202204, Code SEC-2.1B Office Address: Suite 102, 1st Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius. GBC Number C200455

LHFX SA (PTY) Ltd is an authorised Financial Service Provider ("FSP") registered and regulated by the Financial Sector Conduct Authority ("FSCA") of South Africa under license number 52816. Registered address: 1 Hood Avenue Rosebank Johannesburg Gauteng 2196

Longhorn Ltd does not offer Fiat exchange services nor Cryptocurrency exchange services.

The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity in any jurisdiction where such activity would be contrary to local law or regulation.

LHFX does not provide services to citizens and residents of the United States or any country where such distribution or use would be contrary to local law or regulation.

RISK WARNING

Margin trading in foreign currency, virtual assets or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.

CFDs are complex instruments and carry a high risk of losing money due to leverage. Consider whether you understand how CFDs work and whether you can afford the high risk of losing money.

Tax may be payable on any profits and you should seek independent advice on your taxation position.

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© 2026 LHFX. All rights reserved.

Table of Contents

    • Where ETHUSD stands midweek
    • What has driven price so far
    • What's still ahead
    • Positioning right now
    • The level that matters today

ETHUSD midweek: holding near 1870 halfway through week of 2026-08-03

LHFX
Aug 5, 20262 min read
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GER30 closed the week of 14 September 2026 at 25648.7, up 232.3 points from the 25416.4 open, with positioning still 61.7% long.

Where ETHUSD stands midweek

ETHUSD trades at 1869.85 as of Wednesday's close, down about 12 points from Monday's open of 1881.65. That works out to a fractional slip of roughly 0.6 percent on the week so far. The high stands at 1882.45, printed Monday, and the low at 1825.21, also set Monday during the week's opening flush. Since then price has clawed back toward the top of that range.

What has driven price so far

No scheduled economic events landed in the first half of this week. The one macro thread worth noting was a softer than expected PBOC yuan fix on Wednesday, a weaker fixing than the Reuters estimate. That kind of setting tends to lean on broad risk appetite, and ETHUSD's grind off Monday's 1825.21 low held despite that backdrop rather than because of any single catalyst.

What's still ahead

The back half of this week carries no scheduled high-impact events in the bundle, so the daily PBOC fixing pattern stays the reference point. If the fix keeps printing weaker than estimates through Thursday and Friday and ETHUSD holds above 1857, the recovery off Monday's low stays intact. If a firmer fix cools broader risk appetite and price loses that level, Monday's 1825.21 low comes back into focus.

Positioning right now

As of Wednesday morning, 62.1 percent of LHFX positioning sits long and 37.9 percent short. That skew tells you the midweek consensus leans toward the recovery continuing, with buyers still the larger crowd after the Monday dip was bought back. A crowded long book is worth watching if price stalls near the week's highs.

The level that matters today

The line in the sand is 1857, roughly Wednesday's open and the pivot the recovery has been built on. Hold above it and the 1874.73 to 1882.45 zone that capped price earlier this week becomes the next test. Lose 1857 and the range low at 1825.21 is back in play. If you want the same read on Bitcoin, watch whether it tracks or diverges from this move. You can follow both levels live from a single 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.