ETH CME Ether Futures Daily Chart Analysis: 2026-Jan-23 07:07 CT

Price Action

• Last: 2938.0,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -169%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 2848.0,
• 4. Pvt. Next: Pvt High 3130.5,
• 5. Levels R: 3696.5, 3476.5, 3419.5, 3130.5,
• 6. Levels S: 2795.5, 2653.5.

Daily Benchmarks

• (Short-Term) 5 Day: 3112.5 Down Trend,
• (Short-Term) 10 Day: 3126.5 Down Trend,
• (Intermediate-Term) 20 Day: 3141 Down Trend,
• (Intermediate-Term) 55 Day: 3242.8 Down Trend,
• (Long-Term) 100 Day: 3480 Down Trend,
• (Long-Term) 200 Day: 3334.5 Down Trend.

Additional Metrics

• ATR: 431,
• VOLMA: 8731.

Recent Trade Signals

• 21 Jan 2026: Short ETH 01-26 @ 2891 Signals.USAR-MSFG
• 20 Jan 2026: Short ETH 01-26 @ 3007.5 Signals.USAR.TR720
• 19 Jan 2026: Short ETH 01-26 @ 3211.5 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

The ETH CME Ether Futures daily chart is showing a clear bearish structure across all timeframes. Price is trading below all major moving averages, with each benchmark MA (5, 10, 20, 55, 100, 200 day) trending down, confirming persistent downside momentum. The swing pivot structure is in a DTrend (downtrend) both short and intermediate term, with the most recent pivot low at 2848.0 and the next potential reversal only above 3130.5. Resistance levels are stacked above, while support is found at 2795.5 and 2653.5. The price is also below the NTZ/F0% levels for weekly, monthly, and yearly session fib grids, reinforcing the dominant downward bias. Recent trade signals have all been to the short side, aligning with the prevailing trend. Volatility (ATR) remains elevated, and volume is steady, suggesting active participation during this decline. The market is in a clear trend continuation phase, with no immediate signs of reversal or consolidation, and any rallies have been met with selling pressure. This environment is characterized by lower highs, lower lows, and persistent selling, typical of a strong bear phase.