Analysis

ETHUSD 2,408.01 ↑0.54%: Bears have the edge · 4H 07:00 Oct 20, 2026

·
Candle close
Price and energy
Open 2,395.04 · High 2,418 · Low 2,394.11 · Close 2,408.01 · Range (high − low) 23.89
ETHUSD closed at 2,408.01, up 12.97 (+0.54%) from 2,395.04.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -47.5% to Bear Bias at -37.3%, up 10.2 points.
Second straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price2,4202,394.32,3952,408
Energy24.2%-35.3%-47.5%-37.3%
Price change↓ 0.45%↓ 1.06%↑ 0.03%↑ 0.54%
Energy change↓ 13.5↓ 59.5↓ 12.3↑ 10.2
Volatility trend chart · last 4 sessions
↓ 0.45%↓ 1.06%↑ 0.03%↑ 0.54%↓ 13.5↓ 59.5↓ 12.3↑ 10.2
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.54% — higher than 43% of past rises
0%255075100%
Energy up 10.2 pts — higher than 54% of past rises
Knowledge

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

RESEARCH

Trend of Bear Bias ETHUSD 4H

Sample: 20,089 4H candles from 2017-08-17 to 2026-10-19
Number of Bear Bias occurrences: 1,510 times

▸When ETHUSD is in Bear Bias:

  • then ETHUSD moved to higher Market State: 993 times — 65.8%
  • then ETHUSD moved to lower Market State: 517 times — 34.2%

▸Current ETHUSD market energy: -37.29%

  • Distance to upper bound of Bear Bias (at -20.88%): 16.41%
  • Distance to lower bound of Bear Bias (at -60%): 22.71%

"Does history really repeat itself?" — 2AITRADING

ETHUSD · H4 · 2026-10-19 20:00 UTC
Preview the last 30 candles — price and energy
View live ETHUSD chart →
Market Energy
-47.5%
Bear Bias
-37.3%
Bear Bias
-11.1%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

From the just-closed 4H candle data, Result for ETHUSD: the Bear Bias energy state.

Meanwhile, Market trend energy recorded a +10.2% rise from the previous candle, from -47.5% to -37.3%.

Time in Bear Bias energy zone: 3 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 -95.4 to 66.4.

Frequently asked questions

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

When the 4H candle closed at 07:00 on 20-10-2026, ETHUSD was at 2,408.01, up 0.54% from the previous candle (2,395.04). Market Energy was -37.3%, up 10.2 points from -47.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

ETHUSD closed at 2,408.01, up 0.54% from the previous 4H candle (2,395.04). This rise is larger than 43% of past rises on the 4H timeframe for ETHUSD, across 17,090 candles since 2019.

How did ETHUSD Market Energy change from the previous candle?

Market Energy rose 10.2 percentage points from the previous candle — from -47.5% to -37.3%. This rise is larger than 54% of past rises on the 4H timeframe for ETHUSD.

Do ETHUSD price and energy agree?

Yes. This candle recorded price moving up 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 -47.5%, Bear Bias — this candle kept the same state, no zone change.

Where does ETHUSD energy sit within the Bear Bias zone?

At -37.3%, ETHUSD is 16.41 points from the upper boundary of Bear Bias (-20.88%) and 22.71 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear 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 Neutral with energy -16.1%; GER40 (European equities) in Bear Critical with energy -69.4%. Against this backdrop, ETHUSD (Bear Bias, -37.3%) has higher energy than GER40; lower than 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 Bull Bias with Market Energy 42.8%. ETHUSD (Bear 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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