Technical perspective: The monthly TD Sequential indicator on Ethereum has flashed a buy signal. The previous three times all signaled trend opportunities.

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Mars Finance News, July 3 - According to analyst alicharts, Ethereum's monthly Tom DeMark (TD) sequential indicator has flashed a buy signal. Since the end of 2021, the monthly TD sequential indicator has outlined every major trend reversal for Ethereum. September 2021: The TD sequential indicator flashed a monthly sell signal right at the macro top, followed by a 78% price decline. September 2022: The indicator flipped to print a monthly buy signal, precisely catching the bottom, after which ETH initiated a 235% price rally. March 2025: Another monthly buy signal appeared, triggering an immediate 182% price increase. alicharts believes that, given Ethereum's historical accuracy on this specific indicator, this pattern suggests that sellers are showing signs of exhaustion at the macro level. It implies that the current correction is likely forming a major local or cycle bottom.
ETH4.94%
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