ETH CME Ether Futures Weekly Chart Analysis: 2026-May-11 07:03 CT

Price Action

• Last: 2422.9,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month May

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

YSFG Year 2026

• Long-Term
• YSFG Current: -26%
• 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 1954.5,
• 5. Levels R: 5658.0, 5220.0, 5023.5, 2485.5,
• 6. Levels S: 1771.0, 1607.0.

Weekly Benchmarks

• (Short-Term) 5 Day: 2339 Up Trend,
• (Short-Term) 10 Day: 2206.5 Up Trend,
• (Intermediate-Term) 20 Day: 2423 Down Trend,
• (Intermediate-Term) 55 Day: 2877 Down Trend,
• (Long-Term) 100 Day: 3130.5 Down Trend,
• (Long-Term) 200 Day: 2910.5 Down Trend.

Recent Trade Signals

• 11 May 2026: Long ETH 05-26 @ 2378.5 Signals.USAR-MSFG
• 10 May 2026: Long ETH 05-26 @ 2381.5 Signals.USAR-WSFG
• 07 May 2026: Short ETH 05-26 @ 2328 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

ETH CME Ether futures are trading in a sharp weekly rebound off the prior selloff, with the latest weekly bar reclaiming the lower swing area and holding above the short-term session grid. The weekly and monthly fib grids both show price above F0% with up trends, which matches the recent long signals and the current pivot trend turning higher. Even so, the broader weekly structure remains below the 100-day and 200-day benchmarks, and the yearly session grid is still negative and below F0%, keeping the long-term backdrop bearish. The chart is showing a transition zone: a strong countertrend recovery inside a larger downtrend, with the 2485.5 swing high as the nearest pivot resistance and 1954.5 as the next pivot low reference beneath price.