Fun

Ethereum Macro Trend Oscillator Shows Green Might Be On The Horizon

News Feed - 2025-05-06 08:05:31

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


Ethereum’s price action may have struggledto gain traction in recent weeks, but an interesting long-term macro indicator is showing signs of early recovery beneath the surface.Particularly, a macro trend oscillator created by a crypto analyst known as Decode on social media platform X has begun to exhibit signsof a turnaround after an unusually prolonged stretch of bearish run. If confirmed, this would mark the beginning of a new phase of strength for the second-largest cryptocurrency by market cap. Shallow Red Bars Begin Turning On Ethereum’s Multi-Timeframe Trend Analysis


The oscillator’s monthly chart, overlaid with Ethereum’s price data on the monthly candlestick timeframe, clearly shows how deep and sustained the recent bearish momentum has been. The red histogram bars reflecting macro weakness persisted well beyond typical durations, highlighting the broader economic drag that has weighed on the crypto market.  Related Reading Ethereum CrossX Indicators Flashes Buy As Insitution Accumulates, Analyst Says Brace For $4,000 5 days ago


Interestingly, January of this year briefly hinted at a return to bullish territory, but the green print turned out to be a false start and quickly faded as the cryptocurrency kicked off another downturn. However, the magnitude of recent red bars is notably shallower compared to downturns in 2023 and 2024.  ETH green days approaching | Source: Decode on X


This subtle shift is more apparent on the lower timeframes, particularly the 3-day chart, which shows a clean rejection from the negative territory and the formation of a small green bar before the current pullback. The analyst, Decode, interprets this as a possible early-stage turnaround. Once the oscillator turns green in a sustained fashion, a rapid upward move in Ethereum and broader crypto prices is likely to follow, following similar transitions in the past. Green Phase Will Dominate Soon


Looking beyond crypto, Decode’s oscillator also tracks the S&P 500 and broader macro trends, where the same pattern holds: green phases are not only more prolonged but also steeper and more robust. This asymmetric distribution of momentum across time reflects the true bias of assets toward expansion over contraction. Decode noted that this is not merely an indicator with arbitrary thresholds but a fully integrated macroeconomic index built from 17 metrics. These include equities, bonds, commodities, currency flows, central bank liquidity (M2), and even sentiment data. Related Reading Ethereum Price Eyes $2,700 As Wyckoff Accumulation Nears Completion 2 weeks ago


Translating this into Ethereum, this gradual shift toward the green zone is seen as a signal of incoming price strength. Although Ethereum has yet to fully recover from its recent correction to $1,400, the subtle but consistent improvement in Decode’s macro trend oscillator hints that the cryptocurrency may be entering into a fresh uptrend. Right now, the focus is on green bars printing consistently again, especially across multiple timeframes.


At the time of writing, Ethereum is trading at $1,830. The last 24 hours have been marked by a brief break below $1,800before bouncing at $1,785. This move caused liquidations of approximately $35.92 million in ETH positions, with long positions accounting for $28.38 million of that amount. ETH trading at $1,803 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com

News Feed

Dubai does for crypto what Silicon Valley did for tech: Gov't affairs firm CEO
Ezra Reguerra12 minutes agoDubai does for crypto what Silicon Valley did for tech: Gov"t affairs firm CEONH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s
Big Bitcoin Price Boom Will Follow Consolidation, Market Experts Reveal
  Since July 10, within two weeks, the bitcoin price has declined from over $13,000 to $10,600, by more than 18 percent against the U.S.
Bityard Launched Copy Trading System to Benefit Both Copiers and Traders
Bityard Launched Copy Trading System to Benefit Both Copiers and Traders PRESS RELEASE. Bityardrecently launched the copy trading system for CFD (contract for di
Russian Social Media Network Vkontakte to Introduce NFT Support
Russian Social Media Network Vkontakte to Introduce NFT Support Russia’s largest social media network, Vkontakte, has announced it’s going to introduce support for bl
Hong Kong begins phase 2 of CBDC pilot
Ezra Reguerra12 hours agoHong Kong begins phase 2 of CBDC pilotHong Kong’s central bank will accept proposals on potential use cases of a digital Hong Kong dollar from industry participants until May 17.1113 Total view
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-p
Ronaldinho joins Messi in promoting water-themed Solana memecoin
Brayden Lindrea7 hours agoRonaldinho joins Messi in promoting water-themed Solana memecoinWater Coin spiked nearly 40% one hour after Ronaldinho mentioned it in an Instagram post, but it has since settled below its pre-p
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
Alex O’Donnell7 hours agoRegulators postpone listing decision for Hashdex Nasdaq Crypto Index ETFIf approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.3600 Total views
Amaka Nwaokocha11 hours agoHuobi’s Jun Du acquires 10 million CRV tokens to support CurveDu said the existing challenges were transitory and that he believes the industry would benefit from collective support.1072 Tota
David Attlee51 minutes agoTaiwan’s major crypto exchanges form association to advance industry interestsMaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and
National Exchanges Reportedly Pause Operations in Venezuela, as Attorney General Confirms Crypto Watchdog Sunacrip Involvement in Oil Sale Schemes
National Exchanges Reportedly Pause Operations in Venezuela, as Attorney General Confirms Crypto Watchdog Sunacrip Involvement in Oil Sale Schemes National cryptocurrency exchange
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13