Ethereum TD Sequential Flashes Sell Signal – Is A New 50% Corrective Phase Starting?
Ethereum Ethereum TD Sequential Flashes Sell Signal – Is A New 50% Corrective Phase Starting? As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits. Ethereum Risks New Leg Down After Key Sell Signal On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking Committees long-awaited markup session. The King of altcoins has been moving sideways between $2,200 and $2,400 over the past month, which some have called a “no-trade zone.” While many analysts suggest that a breakout above the upper boundary is coming, analyst Ali Martinez has warned that Ethereum may be close to a major correction. In an X post, the market observer highlighted that a new sell signal has emerged on ETH‘s weekly chart for the first time in nine months. He explained that the TD Sequential indicator has been highly precise in anticipating the altcoin’s trends since April 2025, with every signal on