Technical Insight: Ethereum Weekly TD Sequential Indicator Triggers Buy Signal, Previously Seen Before Major Trend Reversals

BlockBeats News, July 3rd, 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 consistently outlined every major trend reversal for Ethereum.

September 2021: The TD Sequential indicator flashed a monthly sell signal at a macro top, subsequently leading to a 78% price decline.

September 2022: The indicator reversed, printing a monthly buy signal that precisely caught the bottom, followed by a 235% price rebound for ETH.

March 2025: Another monthly buy signal emerged, triggering an immediate 182% price surge.

alicharts believes that given Ethereum's historical hit rate on this particular indicator, this pattern suggests that sellers are showing signs of exhaustion at a macro level. It implies that the current correction is likely setting the stage for a major local or cyclical bottom.