The current weekly chart for ETH CME Ether Futures shows a strong recent selloff, with large bars and fast momentum driving price action lower. Short-term and intermediate-term Fib grid trends (WSFG and MSFG) are both down, with price trading below their respective NTZ/F0% levels, confirming a bearish short-term environment. The most recent swing pivot is a high at 4939.0, with the next key support at the swing low of 2282.0, highlighting a wide range and potential for volatility. Resistance is stacked above at 4939.0, 4630.5, and 4544.5, while support is well below at 2282.0 and 1522.5. Despite the short-term weakness, all benchmark moving averages from 5 to 200 weeks are in uptrends, and the yearly session Fib grid (YSFG) remains in an uptrend with price above its NTZ/F0% level, suggesting the long-term structure is still constructive. Recent trade signals have shifted to short, reflecting the current downward momentum, but the intermediate-term HiLo trend remains up, indicating a possible underlying bid or the potential for a bounce if support holds. Overall, the chart reflects a market in a corrective phase within a longer-term uptrend, with significant volatility and wide price swings. The interplay between short-term bearishness and long-term bullish structure suggests a choppy environment, with the potential for sharp reversals or continued retracement depending on how price reacts to key support and resistance levels.