ETH monthly chart flashes buy signal, hinting at major bottom

Cryptocurrency trader Ali Martinez has pointed to a TD Sequential buy signal on the Ethereum (ETH) monthly chart, suggesting a major bottom may be forming. Martinez noted on X that the monthly TD Sequential indicator previously identified a sell signal in September 2021 before a 78% drop in ETH, a buy signal in September 2022 preceding a 235% rally, and another buy signal in March 2025 before a 182% increase. He highlighted that the current signal is the first monthly buy signal to appear since March 2025. Given the indicator's historical accuracy, Martinez suggested that selling pressure may be exhausting on a macro level and that the current correction could be part of a process to establish a significant short-term or cycle low.