The daily candle
Ethereum closed the October 7 daily candle at $2,573, down 4.59% on the day, after trading between $2,533 and $2,699. What stands out on the daily chart: below 20-day average.
Moving averages
The close of $2,573 is 4.1% below the 20-day average ($2,683).
The close of $2,573 is 1.1% above the 50-day average ($2,546).
Momentum: RSI and MACD
The 14-day RSI reads 45.4, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is 46.42 against a signal line of 65.81, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 1.26 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $2,596 to $2,771, and the close is below the lower band.
Over the previous 30 days the highest close was $2,775 and the lowest $2,397.
What it costs to hold a position
Anyone holding a ETH perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the ETH funding page.