DeFi · rank #98

Ether.fi ETHFI

ETHFI cycle analysis · chart, confirmed lows and fundamentals

$0.6950-2.5% 1d+8.6% 7d-3.1% 30d

Watch Recovering held Phoenix · monthly · score 38.1 mixed

36.7% below its 365-day high of $1.10 (2025-10-26), +161.3% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.2870.72391.832025-092026-032026-10peak 1.94low 0.266 (86%)monthly trigger 0.395
Where it stands

On the Watch.

Held on the Watch: it last met the Watch rules. Today it meets no tier rule; a tier moves down only after five consecutive scans below its rules.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +161.3% above the Jun 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 1

Last bars
2Dr 2Ug 2Ug 2Ug 1r
Confirmed low
$0.2660 · 2026-06-30
Position
4 of median 7.0 (max 10)
Current low
$0.2660 · confirmed
Cycle-low confidence
—
Confirmed lows
3

Weekly 1

Last bars
2Ur 2Ug 2Dr 2Dr 1g
Confirmed low
$0.3480 · 2026-08-09
Position
11 of median 4 (max 8)
Current low
$0.5940 · unconfirmed
Confirms above
$0.7430
Cycle-low confidence
40% · in band
Confirmed lows
18

Daily 1

Last bars
2Dr 2D 2Ug 2Ug 1r
Confirmed low
$0.6360 · 2026-10-18 (daily)
Position
3 of median 5.0 (max 17)
Current low
$0.6360 · confirmed
Cycle-low confidence
17%
Confirmed lows
113
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 0.266 (Jun 2026), month 4 of a cycle that has typically run 7.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.348 (Aug 2026), week 11 of a cycle that has typically run 4. Current low 0.594 is unconfirmed — it confirms above 0.743. Cycle-low confidence 40%.
  • Daily: bar is a red inside bar. Last confirmed swing low 0.636 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 17%.
  • Watch: 37% below the 2025-10-26 high; +161% off the 365-day low.
  • Phoenix: 86% decline over 8 months, monthly swing low confirmed (next-bar), now +161% above the trough; pullback #3 confirmed 2026-08-16.
  • Gauges: Mayer multiple 1.44 (neutral); -62% from the all-time high.

Has Ether.fi bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the ETHFI snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.2660 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.3480 from 2026-08-09. A newer candidate at $0.5940 is unconfirmed; its confirmation level is above $0.7430, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.6360 from 2026-10-18. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Ether.fi below its high?

The Coinbase price snapshot is 36.7% below its rolling 365-day high of $1.10 from 2025-10-26. Separately, CoinGecko reports -91.8% relative to its all-time high of $8.53 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. First observed: Watch; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$1.94 · Oct 2025
Trough
$0.2660 · Jun 2026
Decline
-86.3% over 8 months
Above trough
+161.3%
Monthly
confirmed (next-bar) · trigger $0.3950
Weekly
confirmed (late (2 bars))
False bottom
none
Entry
pullback #3 low $0.3480 confirmed 2026-08-16 · trigger $0.4040
Score 38.1
decline28.1
confirmation25
earliness0
stale-15
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health65 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
3.94 %11.5 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
98 #6 / 15
Age on Coinbase
survived a cycle
1.7 yrs3.4 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

4 of 7 measurable; score renormalized over what was measurable.

Market cap
$695.9M
Fully diluted
$695.9M
24h volume
$27.4M
Circulating
965,350,000 of 1,000,000,000 max
All-time high
$8.53 · 2024-03-27 (-91.8%)
Mayer multiple
1.443 · neutral
Pi cycle
0.499
On Coinbase since
2025-02-06 (623 bars)
CoinGecko id
ether-fi

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources