ETH in plain facts
Updated 2026-11-15 (UTC) · Binance spot data
How ETH behaves versus Bitcoin
ETH has a beta of 1.14 against Bitcoin: largely moves in step with Bitcoin (~1.14×). In plain terms, on a day Bitcoin moves 1%, ETH has moved about 1.14% on average in the same direction. Beta describes past co-movement over the available daily history; it is not a forecast.
What ETH moves with
Over the last 90 days its daily moves tracked BTC (0.9) and SOL (0.86) most closely among the large coins we compare against. A correlation of 1.0 would mean they moved in lockstep; 0 would mean no relationship.
Where ETH sits in its own history
Today's price is higher than on 26% of the days in its last 5 years on Binance — in the lower-middle of its range.
How volatile ETH is
Its annualised volatility over the last 90 days is 61.8%, about 1.39× Bitcoin's over the same window. Today's move: a typical day (~1.6× normal).
ETH's worst drawdown
The deepest peak-to-trough fall in this window was -78.5%, bottoming on 2022-06-18. Context: May 2022 — Luna/UST collapse, systemic contagion. This number is free on Sightglass and always will be.
Reading
ETH — a coin that amplifies Bitcoin ~1.14×; moves most closely with BTC and SOL; currently sits in the lower-mid zone of its 5-year range (26th pctile); more volatile than Bitcoin (~1.4×). Facts, not a call — the decision stays yours.
How these numbers are calculated
- Source: Binance spot daily candles (USDT pair), up to five years.
- Beta: regression slope of the coin's daily returns on Bitcoin's, over the shared history.
- Moves with: 90-day correlation of daily returns against 15 large coins.
- Historical position: share of days in the window with a lower close than today.
- Volatility: standard deviation of the last 90 daily returns, annualised (×√365).
- Worst drawdown: largest fall from a prior peak within the window.