
The ETH CME Ether Futures daily chart is exhibiting a strong bearish structure across all timeframes. Price action has been characterized by large, fast-moving bars to the downside, confirming high volatility and strong momentum in the current selloff. The price is trading well below all key moving averages (short, intermediate, and long-term), with each benchmark MA trending down, reinforcing the prevailing downtrend. The Weekly, Monthly, and Yearly Session Fib Grids all show price below their respective NTZ/F0% levels, with negative percentage readings and clear downward trends. Swing pivot analysis highlights a dominant short-term downtrend (DTrend), with the most recent pivot low at 1748.5 and the next potential reversal only above 2154.5. Resistance levels are stacked far above current price, while support is limited to the recent swing low, suggesting little immediate technical support below. Recent trade signals have all been to the short side, aligning with the broader trend. Volume and volatility metrics (high ATR and elevated VOLMA) confirm an environment of increased activity and risk, typical of strong directional moves or capitulation phases. The intermediate-term HiLo trend is neutral, indicating some potential for short-term bounces or consolidation, but the overall structure remains decisively bearish. No evidence of a reversal or base formation is present, and the market remains in a clear downtrend with lower lows and lower highs dominating the chart.