The Brier Index
ETH Oracle Index

Ethereum down 13.5% over 28 days · 7-day 80% range $2,178–$2,480

Forecast date Oct 27, 2026 · updated Oct 27, 2026 (UTC) · model M1 (EWMA volatility), version M1.0

Days without a forecast since the record began: Oct 10, 2026, Oct 11, 2026. The machine that runs the model was off; since Oct 24, 2026 the daily job runs the model itself if the morning run was missed. Gaps are shown, never filled in.

1 · 28-day trend

Ethereum is -13.54% over the last 28 days.

A fact about the price, not a reading of the index: the trend rule was only tested on Bitcoin, so it is only shown there. It says nothing about where the price goes next.

2 · Expected range

Where Ethereum is likely to close (Binance, 00:00 UTC) at each horizon. The center is today's price: this index says how wide the outcomes are, not which way they go.

A hundred ways the next 30 days could go

Each line is one path the model finds plausible. None of them is a prediction. The shaded bands hold 50% and 80% of where they end.

$2K $2.2K $2.4K $2.6K Today $2,325 1 day $2,268 $2,382 7 days $2,178 $2,480 30 days $2,032 $2,659
50% range   80% range   90% (5th–95th percentile). Center = today's price: the model makes no directional call.
Each path moves by a random percentage every day, sized so the paths end spread the way the model's 30-day range says. Price: Binance close, 00:00 UTC.
How far aheadCloses on5th10th25thMedian75th90th95th
1 dayOct 28, 2026 $2,252$2,268$2,295$2,325$2,355$2,382$2,399
7 daysNov 3, 2026 $2,139$2,178$2,246$2,325$2,405$2,480$2,527
30 daysNov 26, 2026 $1,956$2,032$2,166$2,325$2,495$2,659$2,762

How to read the columns: 9 times in 10 the close should land above the "10th" price, and 9 times in 10 below the "90th". Between those two is the 80% range quoted on the rest of the site; the median is the middle, which here is always the last close.

The same forecast as questions

The chance Ethereum closes above each level on each date. These are the model's chances, graded on the date with the Brier score below. Nothing here is a market: there is nothing to buy or sell.

Ethereum price on Oct 28, 2026?

Close at 00:00 UTC · 1 day out · from $2,325 on Oct 27

  1. Above $2,557 +10% <1% chance
  2. Above $2,441 +5% <1% chance
  3. Above $2,208 −5% >99% chance
  4. Above $2,092 −10% >99% chance

Ethereum price on Nov 3, 2026?

Close at 00:00 UTC · 7 days out · from $2,325 on Oct 27

  1. Above $2,557 +10% 3.0% chance
  2. Above $2,441 +5% 16.8% chance
  3. Above $2,208 −5% 84.4% chance
  4. Above $2,092 −10% 98.1% chance

Ethereum price on Nov 26, 2026?

Close at 00:00 UTC · 30 days out · from $2,325 on Oct 27

  1. Above $2,557 +10% 18.2% chance
  2. Above $2,441 +5% 32.1% chance
  3. Above $2,208 −5% 68.8% chance
  4. Above $2,092 −10% 84.3% chance

3 · Old forecasts don't disappear

On Oct 27, 2026 the index said: there is an 80% chance Ethereum closes between $2,032 and $2,659 on Nov 26, 2026. Today it is at $2,325, inside that range, with 30 days to go.

Tomorrow there will be a new forecast, but it does not erase this one. Every forecast stays here until its own date arrives. On that day we check the price: inside the range is a hit, outside is a miss, and both go to the scorecard below. The proof page shows each one was stamped into Bitcoin before its date (for Ethereum, since Oct 24, 2026).

Each fan is one day's forecast. The black line is the real price.

Every day the index draws a range for 30 days out. Here they all are, from the day each was made to the day it gets checked. The shaded one is the newest. If the black line ends inside a fan on that fan's last day, it was a hit.

$2K$2.2K$2.4K$2.6K$2.8K$3KOct 7Oct 14Oct 21Oct 28Nov 4Nov 11Nov 18Nov 26Today$2,325$2,659$2,032Oct 27 forecastOct 7 forecast$2K$2.2K$2.4K$2.6K$2.8K$3KOct 7Oct 21Nov 4Nov 18Nov 26Today
The fans widen because the further ahead you look, the less anyone can know. They show how wide the outcomes are, not which way the price goes. Only the price on each forecast's last day is graded. The first one gets checked on Nov 6. Price: Binance, 00:00 UTC.

30-day forecasts still waiting for their date

Made onChecked on80% rangeRange and today's priceToday's price isDays left
Oct 27Nov 262,032–2,659Inside30
Oct 26Nov 252,028–2,676Inside29
Oct 25Nov 242,048–2,717Inside28
Oct 24Nov 232,067–2,758Inside27
Oct 23Nov 222,059–2,772Inside26
Oct 22Nov 212,150–2,846Inside25
Oct 21Nov 202,122–2,828Inside24
Oct 20Nov 192,083–2,784Inside23
Oct 19Nov 182,075–2,799Inside22
Oct 18Nov 172,059–2,803Inside21
Oct 17Nov 162,069–2,839Inside20
Oct 16Nov 152,075–2,874Inside19
Oct 15Nov 142,049–2,862Inside18
Oct 14Nov 132,121–2,941Inside17
Oct 13Nov 122,076–2,885Inside16
Oct 12Nov 112,168–2,969Inside15
Oct 9Nov 82,087–2,934Inside12
Oct 8Nov 72,191–3,024Inside11
Oct 7Nov 62,336–3,115Outside, for now10

Grey bar: the range that forecast gave. Black line: today's price ($2,325, Oct 27). Being outside today is not a miss yet: only the price on the "checked on" date counts.

7-day forecasts still waiting for their date

Made onChecked on80% rangeRange and today's priceToday's price isDays left
Oct 27Nov 32,178–2,480Inside7
Oct 26Nov 22,179–2,491Inside6
Oct 25Nov 12,203–2,525Inside5
Oct 24Oct 312,227–2,560Inside4
Oct 23Oct 302,224–2,567Inside3
Oct 22Oct 292,312–2,647Inside2
Oct 21Oct 282,285–2,625Inside1

Grey bar: the range that forecast gave. Black line: today's price ($2,325, Oct 27). Being outside today is not a miss yet: only the price on the "checked on" date counts.

4 · Scorecard

Skill vs. history
0.36

Our chances had 36% less error than chances taken only from Ethereum's history. 0 means no better than history, 1 means perfect. This is the skill score; the raw Brier scores are below.

48 probabilities from 12 forecasts at 7 days. Too few to judge: we want at least 90 forecasts. The four levels of one day share one outcome and 7-day forecasts overlap, so treat this as about 12 independent readings, not 48.

Each day the index publishes chances like "16.8% that Ethereum closes above $2,441 in 7 days". The Brier score is the average squared distance between that chance and what happened (1 if it closed above, 0 if not): 0 is perfect, lower is better. We compare it with the same score for a reader who only knows history: how often Ethereum has ended above that level over the same number of days in its history, counting only days before the forecast. The 1-day chances are left out: they are almost always near 0% or 100%, and would flatter the score.

HorizonProbabilities gradedBrier, oursBrier, historySkill
7 days480.0480.0750.36

Re-grading random subsets of the forecasts gives a range of 0.22 to 0.60. Treat it as too narrow while the record is short: forecasts made a day apart overlap and share the same market.

Do the chances mean what they say?

When we saidCasesAverage chance saidHow often it happened
under 20%158%0%
20–40%921%0%
60–80%579%100%
80% or more1991%90%

If the chances are honest, the last two columns match once there are enough cases.

Resolved questions

QuestionWe saidResolved
Above $2,649 on Oct 27? made Oct 204.1%No
Above $2,528 on Oct 27? made Oct 2018.6%No
Above $2,288 on Oct 27? made Oct 2082.6%Yes
Above $2,167 on Oct 27? made Oct 2097.3%Yes
Above $2,651 on Oct 26? made Oct 194.5%No
Above $2,531 on Oct 26? made Oct 1919.4%No
Above $2,290 on Oct 26? made Oct 1981.8%Yes
Above $2,169 on Oct 26? made Oct 1996.9%Yes
Above $2,643 on Oct 25? made Oct 185.1%No
Above $2,523 on Oct 25? made Oct 1820.1%No
Above $2,283 on Oct 25? made Oct 1881.1%Yes
Above $2,163 on Oct 25? made Oct 1896.5%Yes

The latest graded questions. A red row means the outcome went against the side our chance leaned to; that happens about as often as the chances say it should, if they are honest.

Ranges

Every forecast is written before the outcome is known and graded automatically against the Binance close. A well-calibrated 80% range should contain about 80% of outcomes. Small samples swing a lot; the counts are shown so you can judge.

HorizonGradedInside 80% rangeInside 50% rangeAverage error
1 day 18 72% target 80% 61% target 50% 0.50%
7 days 12 92% target 80% 75% target 50% 0.96%
30 days 0 — target 80% — target 50% —

Average error is the pinball loss, the standard grade for percentile forecasts: it adds up how far the real close fell from each published percentile, as a share of the price. Lower is better.

Graded 1-day forecasts

Made onChecked on80% rangePrice that dayResult
Oct 26Oct 272,272–2,3902,325In
Oct 25Oct 262,299–2,4202,330In
Oct 24Oct 252,326–2,4512,359In
Oct 23Oct 242,325–2,4552,388In
Oct 22Oct 232,411–2,5382,389Miss
Oct 21Oct 222,386–2,5142,474In
Oct 20Oct 212,345–2,4732,449In
Oct 19Oct 202,345–2,4772,408In
Oct 18Oct 192,336–2,4712,410In
Oct 17Oct 182,354–2,4952,403In

Graded 7-day forecasts

Made onChecked on80% rangePrice that dayResult
Oct 20Oct 272,245–2,5832,325In
Oct 19Oct 262,242–2,5912,330In
Oct 18Oct 252,230–2,5892,359In
Oct 17Oct 242,245–2,6162,388In
Oct 16Oct 232,257–2,6422,389In
Oct 15Oct 222,234–2,6252,474In
Oct 14Oct 212,308–2,7032,449In
Oct 13Oct 202,260–2,6502,408In
Oct 12Oct 192,351–2,7372,410In
Oct 9Oct 162,279–2,6872,442In

Graded 30-day forecasts

No 30-day forecast has reached its date yet; the first one is checked on Nov 6, 2026. Until then you can follow them above.

The tables show the last ten graded forecasts per horizon; the counts above include all of them. We will not claim accuracy before roughly 90 days of record.

The models in the shadow

Four models run every day; M1 is the official one. The others are graded the same way and shown here so the comparison is public. One of them can replace M1 only by the rule in the methodology, never before Jan 15, 2027. M0 is the plain baseline: the last 30 days' realized volatility.

HorizonModelGradedInside 80% rangeAverage error
1 dayM01872%0.50%
1 dayM1 (official)1872%0.50%
1 dayM21878%0.51%
1 dayM31889%0.49%
7 daysM01292%0.95%
7 daysM1 (official)1292%0.96%
7 daysM212100%1.05%
7 daysM312100%1.01%

M0: volatility of the last 30 days. M1: exponentially weighted volatility (the official model). M2: the option market's implied volatility (Deribit DVOL; Bitcoin and Ethereum only). M3: the last year's actual moves, no distribution assumed. Full definitions and the test that chose M1 are on the backtest page.

5 · Volatility level

Volatility level
0 25 50 75 100 2 of 100 Very calm Calm Turbulent
Over the last 30 days Ethereum's price has moved about 1.7% a day (33% annualised), calmer than 98% of days since September 2017. Level 2 of 100 means only 2% of days were calmer. It measures how much the price moves, not which way.

The level is the percentile of today's 30-day realized volatility (standard deviation of daily log returns, annualized) among all 3,328 days since 2017-09-16. 0 is the calmest month on record, 100 the most turbulent. It is a measurement, not a forecast: a calm month says nothing about which way the next move goes.

What this is — and isn't

The ETH Oracle Index is the daily output of a set of statistical models that are published before the outcome is known and graded publicly afterward, including misses. It does not predict whether Ethereum will go up or down: none of the return signals we tested held up out of sample, and this index makes no directional call. The expected range describes uncertainty, not a target. Past performance does not guarantee future results. Nothing here is a recommendation to buy, sell or hold any asset, and nothing is tailored to your situation. The author may hold crypto assets, including BTC.