⚠️ TD Sequential Flashes ETH Sell Signal – Analyst Warns of Deeper Drop
⭕ Ethereum’s weekly TD Sequential indicator, which nailed past 87% and 134% rallies and a 63% correction, just triggered a new sell signal.
📉 Downside Targets to Watch
If selling accelerates, analyst Ali Martinez sees ETH dropping to:
➡️ $1,900 – short-term support
➡️ $1,565 – mid-term target $1,090 – long-term targetHe notes ➡️ $1,071 near the channel bottom as a strong potential buy zone.
📊 On-Chain Shows Profit-Taking
➡️ Santiment reports ETH saw $74.6M in realized profits over 3 weeks—the highest in 3 weeks—driven by early 2026 accumulators selling into the pullback.
➡️ On-chain activity and price compression near $2,240 suggest heavy distribution.
💸 ETF Outflows Persist
US spot ETH ETFs posted 4 straight days of outflows:
➡️ May 11: -$17M
➡️ May 12: -$130.6M [largest since March]
➡️ May 13: -$36.3M
➡️ May 14: -$5.65M
⭕ETH has erased most of May’s gains and now trades below $2K, with the indicator pointing to further downside risk.
#Ethereum #CryptoAnalysis #TDSequential #TechnicalAnalysis #OnChain
$ETH
