ETH CME Ether Futures Weekly Chart Analysis: 2026-May-01 07:03 CT

Price Action

• Last: 2500.7,
• Bars: Large,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: -35%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: 1%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -27%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 2485.5,
• 4. Pvt. Next: Pvt Low 1898.5,
• 5. Levels R: 5658.0, 5220.0, 5023.5, 2485.5,
• 6. Levels S: 1771.0, 1607.0.

Weekly Benchmarks

• (Short-Term) 5 Day: 2228 Up Trend,
• (Short-Term) 10 Day: 2136.5 Up Trend,
• (Intermediate-Term) 20 Day: 2500.5 Down Trend,
• (Intermediate-Term) 55 Day: 2919 Down Trend,
• (Long-Term) 100 Day: 3168.5 Down Trend,
• (Long-Term) 200 Day: 2980 Down Trend.

Recent Trade Signals

• 27 Apr 2026: Short ETH 05-26 @ 2294.5 Signals.USAR.TR120
• 27 Apr 2026: Short ETH 05-26 @ 2331.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Weekly ETH futures are trading near 2500.7 after a sharp recovery from the 1607 yearly support zone, but the broader structure still reflects a heavy long-term down cycle. Short-term flow remains bearish because price sits below the weekly WSFG neutral zone, recent short signals are aligned with downside structure, and the market is still working through the aftermath of a large weekly selloff. The pivot framework shows the short-term pivot trend and hi/lo trend still positive, which captures the rebound leg, yet the next pivot objective is a lower pivot at 1898.5, keeping the swing map tilted lower unless price can extend back through higher resistance. Benchmark alignment is mixed at the front end with the 5 and 10 day averages rising, while the 20, 55, 100, and 200 day benchmarks remain in down trends, confirming that the intermediate and long-term tape is still structurally weak. The monthly fib context is constructive inside the current month, but the yearly fib grid remains below its neutral line, so the larger cycle is still pressing under overhead supply near the 2900 to 3200 area and above, with major resistance layered at 2485.5, 5023.5, 5220.0, and 5658.0.