MegaETH MEGA
MEGA cycle analysis · chart, confirmed lows and fundamentals
Amber List mixed
77.0% below its 365-day high of $0.1862 (2026-04-30), +42.1% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Amber List.
77% below its rolling 365-day high, 174 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
- 2Dr 2Dr 2Dg 2Ug 2Ug
- Confirmed low
- $0.0301 · 2026-08-31
- Position
- 2 of median ? (max ?)
- Current low
- $0.0301 · confirmed
- Cycle-low confidence
- —
- Confirmed lows
- 1
Weekly
- Last bars
- 2Ug 3g 2Dr 1r 1r
- Confirmed low
- $0.0334 · 2026-09-20
- Position
- 5 of median 7.0 (max 9)
- Current low
- $0.0392 · unconfirmed
- Confirms above
- $0.0539
- Cycle-low confidence
- —
- Confirmed lows
- 3
Daily
- Last bars
- 3r 2Dr 1g 1r 2Dr
- Confirmed low
- $0.0418 · 2026-10-13 (daily)
- Position
- 8 of median 7 (max 17)
- Current low
- $0.0415 · unconfirmed
- Confirms above
- $0.0457
- Cycle-low confidence
- 61%
- Confirmed lows
- 22
The full read, in sentences
- Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0301 (Aug 2026).
- Weekly: forming bar is a red inside bar. Last confirmed swing low 0.03342 (Sep 2026), week 5 of a cycle that has typically run 7. Current low 0.03919 is unconfirmed — it confirms above 0.05385.
- Daily: bar is a red 2-Down. Last confirmed swing low 0.04184 (2026-10-13), day 8 of a cycle that has typically run 7. Current low 0.0415 is unconfirmed — it confirms above 0.04574. Cycle-low confidence 61%.
- Amber List: 77% below the 2026-04-30 high; +42% off the 365-day low.
- Gauges: -74% from the all-time high.
Has MegaETH bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the MEGA snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0301 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0334 from 2026-09-20. A newer candidate at $0.0392 is unconfirmed; its confirmation level is above $0.0539, provided the candidate low is not undercut first. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.0418 from 2026-10-13. A newer candidate at $0.0415 is unconfirmed; its confirmation level is above $0.0457, provided the candidate low is not undercut first.
How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.
How far is MegaETH below its high?
The Coinbase price snapshot is 77.0% below its rolling 365-day high of $0.1862 from 2026-04-30. Separately, CoinGecko reports -80.4% relative to its all-time high of $0.2177 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: Amber List
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 23.9 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 8.85 x | 0.0 / 15 |
| Size (market-cap rank) survivorship | 460 # | 0 / 15 |
| Usage (price / annualized fees) fees people actually pay to use it (DefiLlama) | 64.6 x | 15.0 / 20 |
| TVL backing (market cap / TVL) capital parked in it (DefiLlama) | 4.46 x | 9.2 / 15 |
| Fee momentum (30d vs prior 30d) is usage growing into the recovery | 8.0 % | 5.8 / 10 |
| Age on Coinbase survived a cycle | 0.5 yrs | 0.0 / 10 |
7 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $55.4M
- Fully diluted
- $490.1M
- 24h volume
- $13.2M
- Circulating
- 1,129,792,788 of 10,000,000,000 max
- All-time high
- $0.2177 · 2026-04-30 (-80.4%)
- TVL
- $12.4M (chain)
- Fees 30d
- $70.4K
- Revenue 30d
- $38.3K
- Fees 1y
- $631.7K
- On Coinbase since
- 2026-04-30 (175 bars)
- CoinGecko id
- megaeth
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources