TD Sequential monthly buy signals hit BTC, ETH, XRP, SOL
TD Sequential monthly buy signals have appeared at the same time on BTC, ETH, XRP and SOL, according to analyst Ali Martinez. The indicator (developed by Tom DeMark) is designed for higher timeframes to spot trend exhaustion and a potential reversal.
Traders are cautiously optimistic after recent volatility, but analysts stress the signal alone is not enough to confirm a sustained rally.
Price context: BTC $59,947.31; ETH $1,615.92; XRP $1.05; SOL $77.45 (CoinMarketCap). Futures positioning also remains active: CoinGlass shows open interest near $8.50B on Binance for BTC and $21.99B for ETH, while XRP and SOL stand around $2.31B and $5.58B respectively.
ETF flows add nuance. Spot Bitcoin ETFs recorded net outflows of $222.60M on July 1, though cumulative net inflows since launch reached $51.59B. Spot Ethereum ETFs saw a net outflow of 16,715.33 ETH on June 30.
For traders, the key watch items are follow-through: holding current levels, improving ETF inflows, rising open interest, and increased buying volumes. Confirmation across these factors would strengthen the odds of a broader crypto recovery.
Neutral
The news is mildly supportive but not yet a confirmed reversal. A synchronized TD Sequential monthly buy signal across BTC, ETH, XRP, and SOL suggests selling pressure may be weakening and a larger-cycle bottom could be forming. However, the article explicitly notes that the indicator alone does not guarantee a sustained rally.
Cross-checks are mixed. BTC ETF flows show a July 1 net outflow (-$222.60M) despite strong cumulative inflows, and ETH spot ETFs also saw a net outflow (-16,715.33 ETH). Meanwhile, futures open interest remains elevated across BTC and ETH, which often coincides with ongoing speculative positioning rather than a clean risk-off unwind. This combination is similar to prior “early-cycle technical improvement” moments: signals can trigger short-term bounce trades, but sustained upside usually requires ETF inflows to turn persistently positive and spot/derivatives momentum (rising OI plus rising buy volume) to align.
So the expected impact is neutral-to-cautiously bullish on charts, but neutral overall for market stability until confirmation arrives over the next weeks.