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3 Reasons to Go Long on $ETH Today 20260802: 1️⃣ Price Structure Today, $ETH is more suitable for buying on dips / scaling in gradually, rather than blindly chasing the rally. Three core reasons: it is more resilient compared to $BTC, spot ETF funds have still been net inflows over the past two weeks, and exchange net outflows indicate weak spot selling pressure. However, derivatives long crowding is not low; if it breaks below the weekly low near $1,834, the long logic needs to be downgraded. 2️⃣ Price Structure $ETH's short-term advantage lies in: it has been almost sideways over the past 7 days but stronger relative to $BTC. As of 2026-08-02 07:00 UTC, $ETH is at $1,875.80, down only -0.19% over 7 days; meanwhile, $BTC is down -1.37% over the same period. This shows that during the market pullback, $ETH's relative strength is better. 3️⃣ ETF Funds The $ETH spot ETF fund flow remains bullish, which is the second reason to go long today. From 2026-07-20 to 2026-07-31 settled data, $ETH ETF net inflows totaled about $113.8M, with 8 out of 10 trading days showing net inflows.