Analysis

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Candle close
Price and energy
ETHUSD from 2,739.65 to 2,726.34, down 0.49%
Market Energy Bull Critical 66.9% to Bull Bias 49.4%, down 17.6 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.24%0.52%1.32%0.49%
Energy2.97.116.117.6
Volatility trend chart · last 4 sessions
0.24% 0.52% 1.32% 0.49% 2.9 7.1 16.1 17.6
priceenergy up · down
Volatility · vs history since 2019
Price down 0.49% — higher than 42% of past drops
0%255075100%
Energy down 17.6 pts — higher than 71% of past drops
RESEARCH

Trend of Bull Bias ETHUSD 4H

Sample: 19,920 4H candles from 2017-08-17 to 2026-09-21
Number of Bull Bias occurrences: 1,617 times

When ETHUSD is in Bull Bias:

  • then ETHUSD moved to higher Market State: 622 times38.5%
  • then ETHUSD moved to lower Market State: 995 times61.5%

Current ETHUSD market energy: 49.36%

  • Distance to upper bound of Bull Bias (at 60%): 10.64%
  • Distance to lower bound of Bull Bias (at 20.88%): 28.48%

"Does history really repeat itself?" — 2AITRADING

ETHUSD · H4 · 2026-09-22 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
66.9%
Bull Critical
49.4%
Bull Bias
Expected at
19:10
Zone
20.88 – 60
Bias
Buyers in control
Explanation

ETHUSD processing result: the energy state leaning Bull after the 4H candle closed.

Market movement just recorded on the 4H timeframe, Market Energy reading dropped -17.6%, moving from 66.9% to 49.4% after the 4H candle.

Time in Bull Bias energy zone: 1 4H Candle

2AiTrading Market Energy Model

Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.

Market context
Historical perspective

Over the past 5 days, ETHUSD Market Energy ranged from -47.8 to +99.9.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did ETHUSD price and energy show when this 4H candle closed?

When the 4H candle at 11:00 on 22-09-2026 closed, ETHUSD was at 2,726.34, down 0.49% from the previous candle (2,739.65). Market Energy was 49.4%, down 17.6 points from 66.9%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did ETHUSD price move on this 4H candle, and how large is that historically?

ETHUSD closed at 2,726.34, down 0.49% from the previous 4H candle (2,739.65). This drop is larger than 42% of past drops on the 4H timeframe for ETHUSD, across 16,924 candles since 2019.

How did ETHUSD Market Energy change from the previous candle?

Market Energy fell 17.6 percentage points from the previous candle — from 66.9% to 49.4%. This drop is larger than 71% of past drops on the 4H timeframe for ETHUSD.

Do ETHUSD price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was ETHUSD in on the previous 4H candle?

The previous 4H candle had ETHUSD at 66.9%, Bull Critical — when this candle closed, ETHUSD moved down to a lower zone: Bull Critical → Bull Bias.

Where does ETHUSD energy sit within the Bull Bias zone?

At 49.4%, ETHUSD is 10.64 points from the upper boundary of Bull Bias (60%) and 28.48 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.

What does Bull Bias mean?

Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Bull Bias definition →

How are the broader market indices trending?

Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Bias with energy 40.7%; GER40 (European equities) in Bear Bias with energy -33%. Against this backdrop, ETHUSD (Bull Bias, 49.4%) has higher energy than GER40; sits in the same state zone as SPX500.

How is the US Dollar Index (DXY) trending?

Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bear Critical with Market Energy -62.4%. ETHUSD (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for ETHUSD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for ETHUSD on the ETHUSD overview →

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