ETHGas GWEI
GWEI cycle analysis · chart, confirmed lows and fundamentals
Red List mixed
91.2% below its 365-day high of $0.2504 (2026-06-29), +51.7% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Red List.
91% below its rolling 365-day high, 114 days after the high.
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 highMonthly
- Last bars
- 3g 2Dr 1g 1r 2Dr
- Confirmed low
- —
- Position
- —
- Current low
- $0.0144 · unconfirmed
- Confirms above
- $0.1549
- Cycle-low confidence
- —
- Confirmed lows
- 0
Weekly
- Last bars
- 2Ur 2Dr 2Dr 2Ug 1g
- Confirmed low
- $0.0173 · 2026-10-11
- Position
- 2 of median 4 (max 6)
- Current low
- $0.0173 · confirmed
- Cycle-low confidence
- 29% · in band
- Confirmed lows
- 8
Daily
- Last bars
- 3r 2Ug 1g 1g 1r
- Confirmed low
- $0.0202 · 2026-10-17 (daily)
- Position
- 4 of median 5.0 (max 17)
- Current low
- $0.0189 · confirmed
- Cycle-low confidence
- 57%
- Confirmed lows
- 41
The full read, in sentences
- Monthly: forming bar is a red 2-Down. Current low 0.01445 is unconfirmed — it confirms above 0.1549.
- Weekly: forming bar is a green inside bar. Last confirmed swing low 0.01731 (Oct 2026), week 2 of a cycle that has typically run 4. Cycle-low confidence 29%.
- Daily: bar is a red inside bar. Last confirmed swing low 0.02016 (2026-10-17), day 4 of a cycle that has typically run 5. Cycle-low confidence 57%.
- Red List: 91% below the 2026-06-29 high; +52% off the 365-day low.
- Gauges: Mayer multiple 0.32 (cheap); -88% from the all-time high.
Has ETHGas bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the GWEI snapshot records on 2026-10-21 UTC:
Monthly: No confirmed swing low is recorded in the available history. A newer candidate at $0.0144 is unconfirmed; its confirmation level is above $0.1549, provided the candidate low is not undercut first. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0173 from 2026-10-11. The current candidate is marked confirmed. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.0202 from 2026-10-17. 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 ETHGas below its high?
The Coinbase price snapshot is 91.2% below its rolling 365-day high of $0.2504 from 2026-06-29. Separately, CoinGecko reports -91.1% relative to its all-time high of $0.2466 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 timesFirst observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.
- First observed: Red List
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 5.5 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 5.05 x | 0.0 / 15 |
| Size (market-cap rank) survivorship | 559 # | 0 / 15 |
| Age on Coinbase survived a cycle | 0.7 yrs | 0.4 / 10 |
| usage | could not look — no source data | |
| tvl | could not look — no source data | |
| momentum | could not look — no source data | |
4 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $42.3M
- Fully diluted
- $213.6M
- 24h volume
- $2.3M
- Circulating
- 1,980,000,000 of 10,000,000,000 max
- All-time high
- $0.2466 · 2026-06-29 (-91.1%)
- Mayer multiple
- 0.321 · cheap
- On Coinbase since
- 2026-02-24 (240 bars)
- CoinGecko id
- ethgas-2
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources