


Technical Sentiment Analysis for Bitwise Ethereum ETF (ETHW). As of 2026-05-22, Bitwise Ethereum ETF (ETHW) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ETHW stands at 35.98, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.28, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 13.1 and the Commodity Channel Index (CCI) at -156.44 further confirm a -1.82 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, ETHW is trading below its 60-day moving average of $15.72 and below its 200-day long-term moving average of $22.08. Key price levels to watch include the immediate resistance at $16.76 and strong support at $14.7. A break above $16.76 could signal a bull continuation, while falling below $14.7 may test the next Fibonacci floor at $13.68.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 12.65 | 13.68 | 14.7 | 15.74 | 16.76 | 17.79 | 18.81 |
| Fibonacci | 13.68 | 14.47 | 14.95 | 15.74 | 16.52 | 17.01 | 17.79 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 35.98 |
| Stochastic Oscillator | 13.1 |
| Stochastic RSI | 14.18 |
| Commodity Channel Index (CCI) | -156.44 |
| Awesome Oscillator | -1.11 |
| Momentum | -1.82 |
| MACD | -0.28 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 15.13 | Sell |
| 10-Day | 15.72 | Sell |
| 20-Day | 16.12 | Sell |
| 60-Day | 15.72 | Sell |
| 200-Day | 22.08 | Sell |
| 250-Day | 21.88 | Sell |