ETH CME Ether Futures Weekly Chart Analysis: 2026-Aug-07 07:04 CT

Price Action

• Last: 1988.5,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: 28%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 74%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -43%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 1988.5,
• 4. Pvt. Next: Pvt low 1559.5,
• 5. Levels R: 5678.0, 5043.5, 4205.5, 1988.5,
• 6. Levels S: 1519.5.

Weekly Benchmarks

• (Short-Term) 5 Day: 1822.5 Up Trend,
• (Short-Term) 10 Day: 1771 Up Trend,
• (Intermediate-Term) 20 Day: 2008.5 Down Trend,
• (Intermediate-Term) 55 Day: 2519 Down Trend,
• (Long-Term) 100 Day: 2947 Down Trend,
• (Long-Term) 200 Day: 2803 Down Trend.

Recent Trade Signals

• 07 Aug 2026: Long ETH 08-26 @ 1900.5 Signals.USAR-WSFG
• 05 Aug 2026: Long ETH 08-26 @ 1923 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

ETH has produced a short-term rebound from the 1519.5 swing-low support, with price above the rising 5 and 10 Day benchmarks and an active UTrend pivot structure. The recovery remains a counter-trend swing within a broader bearish hierarchy: price is below the declining 20, 55, 100, and 200 Day benchmarks and remains below the yearly F0% level. The 1988.5 evolving pivot high is the immediate structural inflection point, while 2008.5 marks nearby 20 Day benchmark overhead. The chart therefore reflects improving short-term momentum inside a still-damaged intermediate and long-term trend, following a sharp selloff and V-style rebound from the July low.