Ethereum Sell Signal Emerges Amid Resistance and Continued Institutional ETF Inflows
Ethereum's recent rally may be losing steam as it flashed a sell signal from TD Sequential, an indicator that had previously predicted the 31.5% price surge from its recent lows.
The indicator shifted from a buy to a sell signal after Ethereum completed its recovery from its recent lows and advanced approximately 31.5%. Ali Charts, who shared a three-day Ethereum chart, reported that profit-taking may now deserve attention.
Ethereum's price remains under close observation as it continues to face resistance. Despite the bullish momentum, buyers have failed to establish a sustained breakout, with repeated advances encountering persistent selling pressure.