Aussie is among the trustworthy tools to monitor the eth usd price, which tracks six wide categories: Global data aggregation platform CoinMarketCap (#CMC257) processes 63,000 quote requests per second, 98% of major exchanges such as Binance and Coinbase. Its mean API response time is 75 milliseconds. As of the SEC vs Coinbase lawsuit in October 2023, The deviation rate of eth usd price is only 0.21% (industry average is 0.8%). The trade charting platform TradingView (#TVPRO) supports more than 120 technical indicators. The ETH/USD chart indicates that the RSI (14 days) is currently 56, the Bollinger bands have contracted to $1,780- $1,860, and the user base is over 50 million. The paid option ($14.95 per month) has support for real-time alerts (e.g., triggering a push push when the price is outside ±3%, delayed by 0.7 seconds).
The market share of the most popular exchanges’ ETH/USDT trading pair is 24% of global trading volume (4.8 billion US dollars in 24 hours). Order book depth can be seen as the amount of pending orders at 1,850 US dollars ranging up to 15,000 ETH (approximately 28 million US dollars) and the spread being 0.02 US dollars (0.05 US dollars at Coinbase Pro). Institutional-quality platform Bloomberg Terminal (#BBGTERM) offers ETH futures position tracking (CME contract open interest is at $5.6 billion) for a cost of an annual subscription fee of $24,000. Its volatility prediction algorithm has a ±3.5% error when backtested during 2023. On-chain monitoring tool Etherscan (#ETHERSCAN) offers real-time tracking of high-value transfers (amount of transaction > 1,000 ETH). It learned in November 2023 that Jump Trading transferred 20,000 ETH (approximately 37 million US dollars) to the exchange, triggering a market selling pressure alert.
It means that if the top 10 holder addresses increase 1% in their positions, there is a 65% probability (statistical significance 95%) of the eth usd price increasing in the next 7 days. Blockfolio (now Delta), a mobile application, has 18 million users. The free version carries a 1.5-second push delay, while the paid version ($7.99/month) has come down to 0.5 seconds. It also provides the analysis of how news events (e.g., the Shanghai upgrade in April 2023) impact prices. The hardware wallet Ledger Live contains an inbuilt price tracking function. The cold wallet funds are real-time synced with the eth usd price (deviation rate < 0.03%), and CC EAL6+ certification is passed to prevent tampering with data.
Institutional-grade on-chain metrics such as Coin Metrics’ compliance data services, including staking volume, Gas fee trends, cost $850 per month. Its Shanghai update 2023 staking withdrawal traffic prediction erred by a mere ±0.8% on one of the year’s largest developments in the industry. Compliance dynamic monitor platforms such as The Block follow SEC reports live (e.g., BlackRock ETF application S7-32-23), and June 2023 push rate for news of litigation is 1.2 minutes ahead of market reaction. The social media sentiment website LunarCrush (#LUNARCRUSH) monitors the number of tweets made on Twitter (increasing 55% every week). If the weighted sentiment gauge is -0.45, there is a 62% probability of the eth usd price falling tomorrow.