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.