Analysis

ETHUSD 2,408.62 ↓0.7%: Bulls & Bears in a tug-of-war · 4H 15:00 Oct 18, 2026

·
Candle close
Price and energy
Open 2,425.54 · High 2,426.51 · Low 2,406.52 · Close 2,408.62 · Range (high − low) 19.99
ETHUSD closed at 2,408.62, down 16.91 (-0.70%) from 2,425.53.
Bull–Bear energy behind the price: the market moved from the Neutral zone at 4.8% to Neutral at -0.6%, down 5.3 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price2,418.72,402.82,425.52,408.6
Energy-44.8%-29.9%4.8%-0.6%
Price change↑ 0.34%↓ 0.65%↑ 0.95%↓ 0.70%
Energy change↑ 6.6↑ 14.9↑ 34.7↓ 5.3
Volatility trend chart · last 4 sessions
↑ 0.34%↓ 0.65%↑ 0.95%↓ 0.70%↑ 6.6↑ 14.9↑ 34.7↓ 5.3
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.70% — higher than 54% of past drops
0%255075100%
Energy down 5.3 pts — higher than 32% of past drops
Knowledge

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

RESEARCH

Trend of Neutral ETHUSD 4H

Sample: 20,078 4H candles from 2017-08-17 to 2026-10-18
Number of Neutral occurrences: 1,763 times

▸When ETHUSD is in Neutral:

  • then ETHUSD moved to higher Market State: 934 times — 53%
  • then ETHUSD moved to lower Market State: 829 times — 47%

▸Current ETHUSD market energy: -0.56%

  • Distance to upper bound of Neutral (at 20.88%): 21.44%
  • Distance to lower bound of Neutral (at -20.88%): 20.32%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

ETHUSD · H4 · 2026-10-18 04:00 UTC
Preview the last 30 candles — price and energy
View live ETHUSD chart →
Market Energy
4.8%
Neutral
-0.6%
Neutral
-0.8%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Reading from the 4H candle, ETHUSD currently in the Bull/Bear balanced energy zone.

Market trend energy Compared to the previous candle (4.8%), Market Energy dropped -5.3% to -0.6%.

Time in Neutral energy zone: 2 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 -90.8 to 66.4.

Frequently asked questions

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

When the 4H candle closed at 15:00 on 18-10-2026, ETHUSD was at 2,408.62, down 0.7% from the previous candle (2,425.53). Market Energy was -0.6%, down 5.3 points from 4.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

ETHUSD closed at 2,408.62, down 0.7% from the previous 4H candle (2,425.53). This drop is larger than 54% of past drops on the 4H timeframe for ETHUSD, across 17,080 candles since 2019.

How did ETHUSD Market Energy change from the previous candle?

Market Energy fell 5.3 percentage points from the previous candle — from 4.8% to -0.6%. This drop is larger than 32% 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 the candle that just closed; it does not say where price goes next.

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

The previous 4H candle had ETHUSD at 4.8%, Neutral — this candle kept the same state, no zone change.

Where does ETHUSD energy sit within the Neutral zone?

At -0.6%, ETHUSD is 21.44 points from the upper boundary of Neutral (20.88%) and 20.32 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.

What does Neutral mean?

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

See the full Neutral 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 Bear Extreme with energy -93.2%; GER40 (European equities) in Bear Critical with energy -74.2%. Against this backdrop, ETHUSD (Neutral, -0.6%) has higher energy than SPX500, GER40.

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 Bull Bias with Market Energy 38.5%. ETHUSD energy is currently below DXY by 39.1 points.

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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