ETH CME Ether Futures Weekly Chart Analysis: 2026-May-20 07:03 CT

Price Action

• Last: 2485.5,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -33%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: -32%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -34%
• 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 1979.5,
• 5. Levels R: 5658.0, 5220.0, 5023.5, 2485.5,
• 6. Levels S: 1771.0, 1607.0.

Weekly Benchmarks

• (Short-Term) 5 Day: 2329.5 Up Trend,
• (Short-Term) 10 Day: 2228.5 Up Trend,
• (Intermediate-Term) 20 Day: 2385.0 Up Trend,
• (Intermediate-Term) 55 Day: 2853.5 Down Trend,
• (Long-Term) 100 Day: 3114.0 Down Trend,
• (Long-Term) 200 Day: 2912.0 Down Trend.

Recent Trade Signals

• 18 May 2026: Short ETH 05-26 @ 2119.5 Signals.USAR.TR720
• 15 May 2026: Short ETH 05-26 @ 2224.5 Signals.USAR.TR120
• 15 May 2026: Short ETH 05-26 @ 2214.5 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

ETH weekly structure remains in a broad down cycle with price sitting below the weekly, monthly, and yearly F0%/NTZ reference zones. The recent rebound from the lower pivots is notable, but the larger tape still shows lower highs versus the major 2025 peak and price remains under the heavier 55-, 100-, and 200-day benchmarks. Short-term pivot trend is still constructive on the pivot sequence, yet the weekly fib grid and the recent short signals line up with a bearish higher-timeframe bias. The chart is showing a volatile retracement phase inside a larger corrective decline, with the next important pivot relationship centered around the 2485.5 high and 1979.5 low.