Constructive participation
Structure supports exposure, although leadership remains selective.
CRYPTO · USDT market · live and completed market view
ETH price, chart and trend
ETH is in constructive participation. Structure supports exposure, although leadership remains selective. Price is 11.2% from Trend and its liquidity rank is 2 of 482.
Current asset readConstructive participationStructure supports exposure, although leadership remains selective.
Live price
2494.0700001.47% current move
Market score
68/100100/100 data coverage
Relative leadership
78thuniverse percentile
Observed liquidity
455.8Mrank 2 of 482
Current setup
ETH is rising with a confirmation gap
Price direction is constructive, but the better long-side case requires the weaker reading to turn positive. Until then, treat strength as selective.
Setup to studyTrend test, not a chase
What would confirm it?A completed Trend hold followed by positive relative leadership and positive Market Dynamics.
What would invalidate itA completed loss of 2242.7177 would turn the confirmation gap into a failed move.
RiskRealised variability is 73.1% and liquidity ranks 2 in the observed universe.
Five views of ETH
What is driving this market?
Each view answers a different question, so a fast live move is not confused with a completed change in direction.
Is price holding an established direction?
The black line is the completed daily close. The coloured Trend line shows whether the path is strengthening, weakening or between states.
Daily closeTrendActivityFair Value
ConstructiveTransitionDefensive
Is ETH leading or lagging BTC?
The relative line rises when this market performs better than the benchmark and falls when it performs worse.
ETHBTCRelative path
How difficult has this market been to hold?
Drawdown shows the fall from a previous high. Variability shows how uneven the price path has been.
DrawdownRealised variability
Is the move gaining or losing speed?
Positive readings show upward momentum. Negative readings show downward momentum. A move back towards zero shows fading pressure.
Positive momentumNegative momentumNeutral
Can current movement be traded without unusual friction?
Visible depth shows available capacity. Spread shows immediate trading friction. They can change quickly and do not replace the completed price view.
Visible depthSpread
Is leverage expanding?
Funding and short-window open-interest change show whether leverage is becoming more demanding.
FundingOpen-interest change
Is forced flow distorting price?
Flow pressure and liquidations flag periods when immediate movement may be less dependable.
Capital pressureLiquidations
No separate live execution-quality reading is currently available. The current 24-hour move is +1.47%. It is an alert, not completed confirmation.
Price path+11.2% from Trend
Relative leadership+3.65 versus the market
Underlying supportMarket Dynamics -0.54
Live move+1.47%
Current asset read
What matters now
Demand-led
Live move is 1.47% with price at 60% of its observed range.
78th percentile
Relative performance is separated from absolute price direction.
-47.0% drawdown
Realised variability is 73.1% annualised.
Returns by period
Is the move lasting beyond one burst?
Returns over several periods show whether current leadership has persisted or depends on one recent move.
Session
0.65%
7 days
3.29%
30 days
30.41%
90 days
47.67%
180 days
22.58%
1 year
-
Strength and market rank
How convincing is the current move?
68asset score
Constructive participation
Structure supports exposure, although leadership remains selective.
100/100 data coverageRelative leadership78th
Underlying support24th
Liquidity rank2
Volume rank57th
Benchmark relationship
ETH versus BTC
Normalised paths and the relative line reveal whether asset-specific leadership is adding value beyond the crypto benchmark.
ETH pathBTC pathRelative path
Correlation0.88
Market beta1.30
Matched observations120
Path risk
Drawdown and realised variability
Capital impairment and path variability are shown together so return is never separated from the difficulty of achieving it.
DrawdownRealised variability
Live trading conditions
Liquidity, leverage and forced selling
This live view shows whether ETH can absorb trading cleanly and whether leverage or forced activity is changing near-term risk.
Observed 6 Sep 2026 14:19 UTCOpen Crypto Lab
11.4M visible depth
0.04 bp spread. Estimated 1.0M execution costs are 2.75 bps to buy and 4.13 bps to sell.
5.8B open interest
Funding is 4.47% annualised, basis is -4.17 bps and short-window open interest changed -0.08%.
Supply pressure
Spot flow is -383.2K and perpetual flow is -11.5M; combined pressure equals -103.90% of visible depth.
8.5K liquidated
Latest liquidation pressure is shown beside 52.1% one-sided trading and 12.00 bp stable-value deviation.
Liquidity path
Visible depth versus spread
A stronger execution backdrop combines durable depth with a controlled spread. Both axes are shown because one without the other can mislead.
Visible depthSpread
Immediate conditions
What can change the near-term read
Base fee0.07 gweinetwork condition
Gas used66.39%network condition
Depth available11.4Maround the current market
Bid / offer cost4.1 / 2.8 bpsobserved difference between buying and selling cost
Live liquidity can change quickly. These observations describe current capacity and pressure; the completed daily view remains the main directional reference.
Momentum path
Rate of Change
This chart shows whether price movement is gaining speed, losing speed or changing direction.
Positive momentumNegative momentumNeutral
Short-term price path
Is the latest move holding?
Recent updates show whether price pressure is persisting between completed daily sessions.
Window move1.30%24h observed window
Observed low2452.880000
Observed high2515.130000
Updates283recent snapshots
24h range position60%
Chart summary
The current tape in plain language
ETH closed the latest daily bar at 2496.350000. Across the latest 12 available daily bars, price changed -0.42%. Trend Signal is 1, Relative Strength is 3.65, and Market Dynamics is -0.54. The progressive pricing window shows 1.30% over 24 hours. Live pricing is 2494.070000 with a 1.47% 24h move.
Key chart points
Numbers to watch
Latest day2026-09-06
Daily close2496.350000
Live price2494.070000
24h change1.47%
Trend Signal1
Relative Strength3.65
Market Dynamics-0.54
Expectationpositive 56.10%
Progressive pricing1.30% over 24h
Weekly view
The slower market picture
Weekly summaries test whether the daily read has durable support beyond the latest move.
| Week ending | Close | Weekly return | Relative Strength | Market Dynamics | Volume change | Read |
|---|---|---|---|---|---|---|
| 6 Sep 2026 | 2496.350000 | 3.29% | 3.65 | -0.54 | -14.85% | ETH closed the week at 2496.3500 with a positive Trend Signal. |
| 30 Aug 2026 | 2416.880000 | -1.89% | 4.28 | 0.51 | -36.87% | ETH closed the week at 2416.8800 with a positive Trend Signal. |
| 23 Aug 2026 | 2463.410000 | 31.31% | 7.84 | 1.73 | 253.79% | ETH closed the week at 2463.4100 with a positive Trend Signal. |
| 16 Aug 2026 | 1876.000000 | -1.81% | 3.67 | -0.83 | -15.76% | ETH closed the week at 1876.0000 with a mixed Trend Signal. |
| 9 Aug 2026 | 1910.650000 | 1.34% | 3.74 | -0.35 | -28.47% | ETH closed the week at 1910.6500 with a positive Trend Signal. |
| 2 Aug 2026 | 1885.360000 | -3.55% | 5.86 | -0.86 | 4.67% | ETH closed the week at 1885.3600 with a positive Trend Signal. |
| 26 Jul 2026 | 1954.720000 | 4.41% | 8.43 | 0.02 | -13.38% | ETH closed the week at 1954.7200 with a positive Trend Signal. |
| 19 Jul 2026 | 1872.230000 | 3.62% | 5.70 | 0.77 | 17.77% | ETH closed the week at 1872.2300 with a positive Trend Signal. |
| 12 Jul 2026 | 1806.800000 | 1.18% | 4.36 | 0.87 | -27.26% | ETH closed the week at 1806.8000 with a positive Trend Signal. |
| 5 Jul 2026 | 1785.650000 | 13.59% | 3.52 | 1.01 | 1.71% | ETH closed the week at 1785.6500 with a mixed Trend Signal. |
| 28 Jun 2026 | 1571.960000 | -7.91% | -3.16 | -0.50 | 4.68% | ETH closed the week at 1571.9600 with a mixed Trend Signal. |
| 21 Jun 2026 | 1706.940000 | -1.08% | -2.37 | 0.47 | -0.35% | ETH closed the week at 1706.9400 with a mixed Trend Signal. |
How to use this page
Keep completed and live data separate
Completed daily data establishes the main direction. Live price, liquidity and short-term movement show what is happening now, but they do not replace the completed view or provide a forecast.