
The current weekly chart for ETH CME Ether Futures shows a market in transition, with notable volatility and large price swings. Short-term momentum is fast and bars are large, reflecting heightened activity and possible reaction to recent news or macro events. The Weekly Session Fib Grid (WSFG) trend is up, with price above the NTZ center, but recent trade signals and the swing pivot trend indicate a short-term bearish bias, supported by consecutive short entries. Intermediate-term signals are mixed: the Monthly Session Fib Grid (MSFG) trend is down and price is below its NTZ, but the HiLo swing trend remains up, suggesting a possible consolidation or a corrective phase within a broader uptrend. Long-term, the Yearly Session Fib Grid (YSFG) trend is down, with price below the NTZ, but several long-term moving averages (20, 55, 200 week) are in uptrends, while the 100-week MA is still in a downtrend, highlighting a market at a technical crossroads. Key resistance levels are clustered above 3700, with major support at 3073 and 2922. The overall structure suggests a market digesting recent gains, with potential for further downside in the short term, but with underlying support and mixed signals in the intermediate and long-term outlooks. This environment favors tactical swing trading, with attention to evolving pivots and benchmark levels as the market seeks direction.