- Bitcoin’s latest TD Sequential sell signal follows a pattern of previous signals that preceded price corrections.
- Ethereum’s previous two comparable TD Sequential signals were followed by declines of 5.40% and 3.31%.
- Solana’s latest sell signal follows three comparable readings that preceded corrections of 2.44%, 5.76% and 5.30%.
Bitcoin’s Sunday gain has renewed attention on a recurring Monday reversal pattern identified by analyst Ali Charts. BTC rose more than 1% on Sunday, while recent Sunday moves often reversed the following day. At the same time, TD Sequential sell signals appeared on the four-hour charts for Bitcoin, Ethereum, and Solana.
Bitcoin Faces Another Monday Reversal Pattern
Ali Charts said Bitcoin’s Sunday moves have often reversed on Monday over the past month. Sunday rallies were followed by pullbacks, while Sunday declines were followed by rebounds. With Bitcoin gaining more than 1% on Sunday, the analyst said the pattern had returned to focus.
He also highlighted a TD Sequential sell signal on Bitcoin’s four-hour chart. According to Ali Charts, the last four comparable Bitcoin signals were followed by price corrections. The analyst therefore linked the latest signal with another possible Monday pullback.
Ethereum And Solana Show Similar Signals
Ethereum is also showing a TD Sequential sell signal on its four-hour chart. Ali Charts said Ethereum’s previous two comparable signals preceded declines of 5.40% and 3.31%. Solana has also flashed a four-hour TD Sequential sell signal.
The analyst said its last three comparable signals preceded corrections of 2.44%, 5.76%, and 5.30%. Together, the three signals provide separate recent examples across major cryptocurrencies. However, Ali Charts described the latest readings as pointing to a possible pullback.
Crypto Market Data Shows Slight Decline
TradingView data shows the total cryptocurrency market capitalization at $2.91 trillion. The figure was down $5.13 billion, or 0.18%, while market value reached $88.41 billion, up 10.38%.
Stablecoin market capitalization stood at $311.36 billion, representing a 0.64% increase over the period shown. Bitcoin held 59.59% market dominance, while Ethereum accounted for 11.43%. Other cryptocurrencies represented the remaining 28.97% of market dominance.
These figures provide the broader market context alongside the signals identified by Ali Charts. The analyst’s latest assessment combines Bitcoin’s Sunday move with recent Monday reversals. It also includes the TD Sequential readings across BTC, ETH, and SOL.
