ETHW · Market structure

EthereumPoW (ETHW) market structure today

ETHW market structure on the 1h, 4h and daily charts of the Binance ETHWUSDT perpetual, recalculated every two hours from closed candles. The page also lists Finora’s latest published AI chart reads of ETHW.

Last updated: 2 November 2026, 19:20 UTC

Market structure now

Calculated 2 November 2026, 19:20 UTC from closed candles of the Binance ETHWUSDT perpetual, last price 0.2174.

ETHW market structure by timeframe, calculated 2 November 2026, 19:20 UTC
Chart	Trend	Last swing high	Last swing low	Trend flips on	RSI 14
1h	Bearishsince 1 Nov, 23:00 UTC	0.2234LH · 2 Nov, 03:00 UTC	0.2157LL · 2 Nov, 10:00 UTC	Close above 0.2234turns it bullish · 2.76 percent away	43.0
4h	Bullishsince 28 Oct, 08:00 UTC	0.2299LH · 1 Nov, 16:00 UTC	0.2039LL · 30 Oct, 00:00 UTC	Close below 0.2039turns it bearish · 6.21 percent away	41.7
Daily	Bearishsince the 18 Oct close	0.2523LH · 21 Oct	0.2394LL · 16 Sep	Close above 0.2523turns it bullish · 16.05 percent away	39.0

Summary built from the table The timeframes disagree: the 4h trend is bullish and the 1h and daily trends are bearish. The 1h trend turned bearish with a close below 0.2204 at 23:00 UTC on 1 Nov, the 4h trend turned bullish with a close above 0.2404 at 08:00 UTC on 28 Oct, and the daily trend turned bearish with a close below 0.2394 on 18 Oct. The 4h lower high and lower low do not change that trend: a swing label only compares a high with the previous high, or a low with the previous low, and a trend changes only when a candle closes beyond the last swing. The nearest flip level is 0.2234 on the 1h chart, 2.76 percent from the last price; a 1h close above it would turn the 1h trend bullish.

Last 24 hours (rolling, at calculation time): down 1.54 percent, range 0.2157 to 0.2234.
Funding: the current rate on this perpetual is 0.0050 percent (longs pay shorts), the live estimate for the next payment at 2 Nov, 20:00 UTC; the contract pays every 4 hours. Funding rates across the market
Each timeframe uses its last 250 closed candles; RSI 14 is calculated on closed candles only.

The last 60 closed four-hour candles of ETHWUSDT with every confirmed swing label and the 4-hour flip level (dashed). A swing is confirmed five candles after it forms.

Recent swing points

1h: higher high 0.2299 (1 Nov, 17:00 UTC), lower low 0.2186 (1 Nov, 19:00 UTC), lower high 0.2234 (2 Nov, 03:00 UTC), lower low 0.2157 (2 Nov, 10:00 UTC)
4h: higher low 0.2162 (27 Oct, 08:00 UTC), higher high 0.3138 (28 Oct, 04:00 UTC), lower low 0.2039 (30 Oct, 00:00 UTC), lower high 0.2299 (1 Nov, 16:00 UTC)
Daily: lower low 0.2394 (16 Sep), higher high 0.3331 (21 Sep), lower high 0.3033 (4 Oct), lower high 0.2523 (21 Oct)

How it is calculated: a swing high or low needs five candles on each side and is confirmed five candles later, and the trend changes only when a candle closes beyond the last swing, never on a wick. This is the same logic as the trend table on Finora’s chart images. More on reading market structure and invalidation levels, or compare the top 100 perpetuals in the market structure screener.

Latest published read

4h Bullish bias 2 November 2026, 06:47 UTC

Bullish bias needs confirmation

Bias is bullish on the 4h, yet this move counters the bearish daily and weekly structures, so strong confirmation is required before longs.

Chart: MEXC ETHWUSDT.P · From a Finora AI read posted to Finora’s Telegram showcase · Excerpt, AI-generated and educational

Trend context

This page has collected 1 published read of ETHW since 2 November 2026, with a bullish bias.
Most reads collected here use the MEXC ETHWUSDT.P chart.

About this page

ETHW trades on Binance Futures as the USDT-margined ETHWUSDT perpetual, listed on 28 November 2023. By 24-hour trading volume it was the 468th busiest of the 512 Binance coin perpetuals tracked on this site when the table was last calculated.

This page counts 3 of Finora’s posts about ETHW from the last 30 days: 1 AI chart read in its Telegram showcase and 2 short market notes on X. The most recent ones are listed below.

There is no project profile here on purpose. This page sticks to what can be measured from the chart, and the table is rebuilt every two hours from closed candles, with the time of the last run printed above it.

How to use this page

Start with the timeframe you actually trade, then look one step up. When the 1h trend disagrees with the 4h or daily trend, as it does here, a move on the 1h chart is going against the bigger picture, and the flip level of the higher timeframe is the one that would change it. The “percent away” figure in the Trend flips on column is how far price was from each level when the table was calculated.

Each published read follows the same checklist: the trend on that timeframe, how it lines up with the daily and weekly charts, where the liquidity sits, the key levels, and the close that would invalidate the idea. How Finora reads a chart explains each step. Treat every number here as a note from the time printed next to it, then check the live chart before you act.

Educational content, not financial advice. The structure data is calculated automatically, the reads are AI-generated, and both can be wrong or out of date by the time you see them. Trading involves risk; you make your own decisions.