#ETHBreaks1700 A technical signal emerging on the monthly chart of Ethereum ETH at $ 1.758,81 has strengthened expectations that a significant bottom may be forming in the market. Cryptocurrency analyst and investor Ali Martinez, in his assessment on social media platform X, stated that the TD Sequential indicator has produced a new "buy" signal on Ethereum's (ETH) monthly chart. According to the analyst, this development suggests that a strong bottom level may be forming in ETH.

Martinez highlighted the signals given by the indicator in the past, emphasizing the significance of the current outlook. According to the analyst, TD Sequential generated a sell signal for Ethereum in September 2021, and following that signal, the ETH price declined by approximately 78%.

Later, the buy signal that occurred in September 2022 was followed by a strong rally of 235%. Martinez also recalled that another buy signal seen in March 2025 preceded a rally of approximately 182% in Ethereum.

Ali Martinez noted that the currently observed signal is the first buy signal on the monthly chart since March 2025. Therefore, he stated that the current technical outlook may herald a larger-scale bottom formation rather than just a short-term recovery.

According to the analyst, the relatively high accuracy rate of the TD Sequential indicator in the past suggests that selling pressure on Ethereum may have begun to exhaust on a macro scale. This means that the recent price correction could be part of a process of forming a significant short-term or cyclical bottom within a broader cycle.

However, market experts emphasize that technical indicators alone are not sufficient for determining definitive direction, and that the price of Ethereum continues to be strongly influenced by factors such as macroeconomic developments, the performance of Bitcoin
BTC $ 62.664,41 ’s trajectory, spot ETF flows, and overall risk appetite.

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