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Daily market structure ETHUSDT perpetualUpdating hourly

Ethereum on Wednesday, 28 October 2026

Asia session: ETH rose 0.47 % (range 2,339–2,369). ETH is up 0.96 % so far today, trading between 2,339 and 2,387. The high came at 08:35 UTC and the low at 01:00 UTC.

LIVE · ETHUSDT perpetual
2,371.9
▲ +0.96 % today
Low 2,339.3High 2,387.3
bid wall 2,365ask wall 2,415
– – open 2,349.3
00:0006:0012:0018:0024:00 UTC
Liquidations 24 h$26.8M
longs $2.4Mshorts $24.4M
Funding / 8 h+0.0079 %
longs pay · +8.7 % a year
Open interest3,793,443 ETH-0.5 % in 24 h · $9.00B
Next expiry21h 54m
max pain 2,340
Thu 29 Oct 08:00 UTC · 78,572 ETH

Ethereum right now

Updated 28 Oct 2026, 10:05 UTC · refreshed every 5 minutes · descriptive data, not advice

Levels around the price

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

2,3002,3252,3502,3752,4002,4252,4502,368 · 6,906 ETH2,338 · 6,463 ETH2,326 · 5,142 ETH2,378 · 6,728 ETH2,408 · 6,176 ETH2,398 · 5,733 ETH2,418 · 5,198 ETHCall wall 0DTE 2,450 (+3.3 %)Call wall 2,400 (+1.2 %)Put wall 2,400 (+1.2 %)Gamma flip 2,343.8 (-1.2 %)Max pain 29 Oct 2,340 (-1.3 %)↓ Put wall 0DTE 2,280 (-3.9 %)2,371.5
2,3002,3252,3502,3752,4002,4252,4502,368 · 6,9062,338 · 6,4632,326 · 5,1422,378 · 6,7282,408 · 6,1762,398 · 5,7332,418 · 5,198CW 0DTE 2,450CW 2,400PW 2,400Flip 2,343.8Max pain 2,340↓ PW 0DTE 2,280 (-3.9 %)2,371.5
bid wallsask wallscall/put wall0DTEmax pain

The day on one line

Asia+0.47 %London+0.49 % · livePulled ask 2,373.9NOW 10:0600:0003:0006:0009:0012:0015:0018:0021:0024:00
Asia+0.47 %Pulled ask 2,373.9NOW 10:0600:0006:0012:0018:0024:00

Sessions

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

Asia
00:00–08:00 UTC
Closed
+0.47 %
2,339 – 2,369  ·  range 30
high 02:15 UTC  ·  low 01:00 UTC  ·  512,008 ETH
No clean wall event in this session.
Long gamma  ·  CW 2,370  ·  PW 2,400
ETH order book heatmap, Asia session, 28 Oct 2026
London
08:00–13:30 UTC
Live
+0.49 %
2,360 – 2,387  ·  range 27
high 08:35 UTC  ·  low 08:00 UTC  ·  391,853 ETH
Wall events are measured when the session closes.
New York
13:30–20:00 UTC
Upcoming
–
Starts 13:30 UTC
ETH order book heatmap for 28 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 2,400 and the put wall at 2,400. Dealers are estimated to be long gamma, where dealer hedging tends to dampen moves.

At 09:32 UTC a 3,736 ETH ask wall at 2,374 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
PulledAsk wall 2,374
3,736 ETH wall, 3,736 ETH removed in 13.0 s, almost nothing traded
Open in Depth →
09:32 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
2,400 from 2,370
Put wall
Strike with the most put gamma
2,400 from 2,300
Gamma flip
Where total dealer gamma changes sign
2,344 from 2,321
Call wall 0DTE
Expiring within 24 hours
2,450 from 2,370
Put wall 0DTE
Expiring within 24 hours
2,280 from 2,350

Resting liquidity at 10:05 UTC

Largest walls within 2.5 % of price.

Largest bids below

  • 2,3654,118 ETH
  • 2,3633,281 ETH
  • 2,3663,075 ETH

Largest asks above

  • 2,4153,358 ETH
  • 2,4003,079 ETH
  • 2,3793,077 ETH

Next options expiries

Bar = open interest; monthly and quarterly in orange.

Thu 29 Octdaily
78,572 ETH · 3.7 %
max pain 2,34021h 54m
Fri 30 Octmonthly
536,214 ETH · 25.3 %
max pain 2,4501d 21h
Sat 31 Octdaily
9,990 ETH · 0.5 %
max pain 2,3002d 21h
Sun 01 Novdaily
2,018 ETH · 0.1 %
max pain 2,3803d 21h
Fri 06 Novweekly
76,678 ETH · 3.6 %
max pain 2,4008d 21h
Fri 13 Novweekly
25,721 ETH · 1.2 %
max pain 2,35015d 21h

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

Open Depth
← 27 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 28 Oct 10:05 UTC.