โ ๏ธ TD Sequential Flashes ETH Sell Signal โ Analyst Warns of Deeper Drop
โญ Ethereumโs weekly TD Sequential indicator, which nailed past 87% and 134% rallies and a 63% correction, just triggered a new sell signal.
๐ Downside Targets to Watch
If selling accelerates, analyst Ali Martinez sees ETH dropping to:
โก๏ธ $1,900 โ short-term support
โก๏ธ $1,565 โ mid-term target $1,090 โ long-term targetHe notes โก๏ธ $1,071 near the channel bottom as a strong potential buy zone.
๐ On-Chain Shows Profit-Taking
โก๏ธ Santiment reports ETH saw $74.6M in realized profits over 3 weeksโthe highest in 3 weeksโdriven by early 2026 accumulators selling into the pullback.
โก๏ธ On-chain activity and price compression near $2,240 suggest heavy distribution.
๐ธ ETF Outflows Persist
US spot ETH ETFs posted 4 straight days of outflows:
โก๏ธ May 11: -$17M
โก๏ธ May 12: -$130.6M [largest since March]
โก๏ธ May 13: -$36.3M
โก๏ธ May 14: -$5.65M
โญETH has erased most of Mayโs gains and now trades below $2K, with the indicator pointing to further downside risk.
#Ethereum #CryptoAnalysis #TDSequential #TechnicalAnalysis #OnChain $ETH