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Daily market structure ETHUSDT perpetualUpdating hourly

Ethereum on Sunday, 25 October 2026

ETH is up 0.25 % so far today, trading between 2,354 and 2,364. The high came at 01:45 UTC and the low at 00:00 UTC.

LIVE · ETHUSDT perpetual
2,363.5
▲ +0.25 % today
Low 2,354.5High 2,364.4
bid wall 2,327ask wall 2,367
– – open 2,357.7
00:0006:0012:0018:0024:00 UTC
Liquidations 24 h$92.3M
longs $79.1Mshorts $13.3M
Funding / 8 h+0.0047 %
longs pay · +5.1 % a year
Open interest3,677,890 ETH-0.8 % in 24 h · $8.70B
Next expiry5h 53m
max pain 2,380
Sun 25 Oct 08:00 UTC · 83,732 ETH

Ethereum right now

Updated 25 Oct 2026, 02:06 UTC · refreshed every 5 minutes · descriptive data, not advice

Levels around the price

±3.5 % around price · live, refreshed every 5 minutes

2,3002,3252,3502,3752,4002,4252,360 · 5,599 ETH2,320 · 4,970 ETH2,328 · 4,491 ETH2,366 · 9,394 ETH2,400 · 6,010 ETHPut wall 2,400 (+1.5 %)Max pain 25 Oct 2,380 (+0.7 %)Put wall 0DTE 2,360 (-0.2 %)Call wall 0DTE 2,350 (-0.6 %)Gamma flip 2,340.8 (-1.0 %)↑ Call wall 2,500 (+5.7 %)2,364.2
2,3002,3252,3502,3752,4002,4252,360 · 5,5992,320 · 4,9702,328 · 4,4912,366 · 9,3942,400 · 6,010PW 2,400Max pain 2,380PW 0DTE 2,360CW 0DTE 2,350Flip 2,340.8↑ CW 2,500 (+5.7 %)2,364.2
bid wallsask wallscall/put wall0DTEmax pain

The day on one line

Asia+0.25 % · livePulled bid 2,351.1NOW 02:0500:0003:0006:0009:0012:0015:0018:0021:0024:00
Pulled bid 2,351.1NOW 02:0500:0006:0012:0018:0024:00

Sessions

Asia, London and New York, each summed up when it closes. Times follow local opening hours.

Asia
00:00–08:00 UTC
Live
+0.25 %
2,354 – 2,364  ·  range 10
high 01:45 UTC  ·  low 00:00 UTC  ·  99,310 ETH
Wall events are measured when the session closes.
London
08:00–13:30 UTC
Upcoming
–
Starts 08:00 UTC
New York
13:30–20:00 UTC
Upcoming
–
Starts 13:30 UTC
ETH order book heatmap for 25 Oct 2026 with price, options walls and the day's liquidity wall events
Asks (resting sell liquidity)Bids (resting buy liquidity) Call / put wall0DTE wallsGamma flip

What happened

Written from the data, not opinion.

Options positioning puts the call wall at 2,500 and the put wall at 2,400. Dealers are estimated to be long gamma, where dealer hedging tends to dampen moves.

At 01:36 UTC a 2352 ETH bid wall at 2,351 was pulled before price reached it.

Liquidity wall events

Classified from every trade at the wall's own price, not from candles. What is a liquidity wall?

EventWallTime
PulledBid wall 2,351
2352 ETH wall, 2135 ETH removed in 4.0 s, almost nothing traded
Open in Depth →
01:36 UTC

Options positioning

Deribit, OKX and Bybit open interest, latest snapshot.

Estimated: dealers long gamma

Under the usual sign assumption, dealers buy dips and sell rallies to stay hedged, which tends to calm the market around big strikes.

Call wall
Strike with the most call gamma
2,500
Put wall
Strike with the most put gamma
2,400
Gamma flip
Where total dealer gamma changes sign
2,341 from 2,338
Call wall 0DTE
Expiring within 24 hours
2,350
Put wall 0DTE
Expiring within 24 hours
2,360

Resting liquidity now

Largest walls within 2.5 % of price.

Largest bids below

  • 2,3273244 ETH
  • 2,3602804 ETH
  • 2,3572689 ETH

Largest asks above

  • 2,3676858 ETH
  • 2,3683308 ETH
  • 2,4003152 ETH

Next options expiries

Bar = open interest; monthly and quarterly in orange.

Sun 25 Octdaily
83,732 ETH · 3.9 %
max pain 2,3805h 53m
Mon 26 Octdaily
72,645 ETH · 3.4 %
max pain 2,3601d 5h
Tue 27 Octdaily
12,154 ETH · 0.6 %
max pain 2,3602d 5h
Wed 28 Octdaily
2,680 ETH · 0.1 %
max pain 2,3203d 5h
Fri 30 Octmonthly
508,256 ETH · 23.9 %
max pain 2,5005d 5h
Fri 06 Novweekly
65,842 ETH · 3.1 %
max pain 2,40012d 5h

See every wall form and disappear, live.The same data as this report, second by second, free in your browser.

Open Depth
← 24 Oct

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Method. Price, volume and order book from Binance USDⓈ-M ETHUSDT. Option levels use open interest from Deribit, OKX and Bybit with the common assumption that dealers are long calls and short puts; it is an estimate, not measured positioning. A wall is "held" when trades hit it and price turned, "pulled" when it vanished within seconds with almost nothing traded, "eaten" when most of it was traded away. Times are UTC. Updated 25 Oct 02:05 UTC.