What happened
Written from the data, not opinion.
Options positioning puts the call wall at 2,400 and the put wall at 2,300. Dealers are estimated to be short gamma, where dealer hedging tends to add to moves.
Live now: ETH levels today, walls, GEX and max pain →
Daily market structure ETHUSDT perpetualUpdating hourly
Ethereum on Thursday, 29 October 2026
ETH is down 2.02 % so far today, trading between 2,306 and 2,360. The high came at 8:00 PM ET (00:00 UTC) and the low at 10:00 PM ET (02:00 UTC).
LIVE · ETHUSDT perpetual
2,310.8
▼ -2.02 % today
Low 2,305.8High 2,360.4
bid wall 2,286ask wall 2,313
– – open 2,358.6
00:0006:0012:0018:0024:00 UTC
Funding / 8 h+0.0040 %
longs pay · +4.3 % a year
Open interest3,766,384 ETH-1.3 % in 24 h · $8.68B
Next expiry5h 46m
max pain 2,340
Thu 29 Oct 4:00 AM ET (08:00 UTC) · 100,108 ETHEthereum right now
Updated 29 Oct 2026, 10:13 PM ET the evening before (02:13 UTC) · refreshed every 5 minutes
- Ethereum (ETHUSDT perpetual on Binance) is at 2,304.4 USD, -2.3 % since 8:00 PM ET (00:00 UTC). Today's range so far: 2,301.5 to 2,360.4.
- Largest resting orders within 3 % of price: bid wall at 2,300 (9,742 ETH) and ask wall at 2,314 (6,716 ETH). All levels
- Options levels (estimated, all expiries): call wall 2,400, put wall 2,300, gamma flip 2,335.9.
- Liquidations in the last 24 hours on Binance, OKX and Bybit: $21.4M of longs and $15.5M of shorts. Liquidations · heatmap
- Funding is +0.0040 % per 8 hours (longs pay shorts), and open interest is 3,766,384 ETH ($8.68B) on Binance, Bybit and OKX. Funding and open interest
- Next options expiry: Thu 29 Oct 4:00 AM ET (08:00 UTC), max pain 2,340; next monthly expiry 30 Oct, max pain 2,450. Max pain for every expiry
Levels around the price
±3.5 % around price · live, refreshed every 5 minutes
bid wallsask wallscall/put wall0DTEmax pain
The day on one line
Sessions
Asia, London and New York, each summed up when it closes. Times follow local opening hours.
Asia
8:00 PM–4:00 AM ET (00:00–08:00 UTC)
−2.02 %
Wall events are measured when the session closes.
London
4:00–9:30 AM ET (08:00–13:30 UTC)
–
New York
9:30 AM–4:00 PM ET (13:30–20:00 UTC)
–
Liquidity wall events
Classified from every trade at the wall's own price, not from candles. What is a liquidity wall?
| Event | Wall | Time |
|---|---|---|
| No clean wall event today. A wall only counts when the trades at its own price prove what happened. | ||
Options positioning
Deribit, OKX and Bybit open interest, latest snapshot.
Estimated: dealers short gamma
Under the usual sign assumption, dealers sell into drops and buy into rallies to stay hedged, which can speed up moves.
| Call wall Strike with the most call gamma | 2,400 |
| Put wall Strike with the most put gamma | 2,300 from 2,400 |
| Gamma flip Where total dealer gamma changes sign | 2,340 from 2,348 |
| Call wall 0DTE Expiring within 24 hours | 2,340 from 2,400 |
| Put wall 0DTE Expiring within 24 hours | 2,300 from 2,350 |
Resting liquidity at 10:05 PM ET (02:05 UTC)
Largest walls within 2.5 % of price.
Largest bids below
- 2,2866,791 ETH
- 2,3035,346 ETH
- 2,3085,071 ETH
Largest asks above
- 2,3133,812 ETH
- 2,3153,071 ETH
- 2,3233,001 ETH
Next options expiries
Bar = open interest; monthly and quarterly in orange.
Thu 29 Octdaily
100,108 ETH · 4.6 %
max pain 2,3405h 46mFri 30 Octmonthly
542,645 ETH · 25.0 %
max pain 2,4501d 5hSat 31 Octdaily
30,760 ETH · 1.4 %
max pain 2,3402d 5hSun 01 Novdaily
8,095 ETH · 0.4 %
max pain 2,3403d 5hFri 06 Novweekly
77,989 ETH · 3.6 %
max pain 2,4008d 5hFri 13 Novweekly
28,050 ETH · 1.3 %
max pain 2,35015d 5hSee every wall form and disappear, live.The same data as this report, second by second, free in your browser.
Open DepthMethod. 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 New York time (ET), with UTC in brackets. Updated 29 Oct 10:05 PM ET the evening before (02:05 UTC).