Altcoins News

Story: Ethereum SuperTrend Flips Bullish for First Time in Over a Year

By Bruce Buterin

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ETF Money Keeps Flowing In. US Ethereum spot ETFs just logged their eighth straight day of net inflows, per SoSoValue data.

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Price Action Tells Different Story. But here's the thing. Despite the bullish SuperTrend flip, Ethereum's price is still bleeding.

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Ethereum just broke through. The daily SuperTrend indicator turned bullish for the first time in more than a year, and crypto analyst Ali Martinez caught it on a chart he posted…

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The way SuperTrend works is pretty straightforward. It draws a single trendline that acts as either support or resistance, depending on where the price sits.

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Bitcoin didn't get the same signal. Martinez pointed out that Bitcoin's price hasn't broken above its SuperTrend resistance line yet, which means its recovery looks weaker…

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The ETF trend matters because it shows institutional interest. These aren't just retail traders chasing pumps—these are flows through regulated products that pension funds and…

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But here's the thing. Despite the bullish SuperTrend flip, Ethereum's price is still bleeding. Right now it's trading around $2,300, down more than 3% over the past week.

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The volatility hasn't stopped. Ethereum's been bouncing around enough that traders can't really get comfortable with any position.

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The bullish flip comes after a long stretch of bearish sentiment. Ethereum spent months below that trendline, grinding lower while Bitcoin grabbed most of the headlines.

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More context: Bitcoin and Ethereum Take Different Roads on Blockchain Security Threats

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Historical patterns suggest potential for a rally when the SuperTrend flips like this. Early 2025 saw exactly that—a bullish signal followed by a strong move up.

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Bitcoin's failure to match Ethereum's bullish flip adds another wrinkle. The two biggest cryptos usually move together, but right now they're diverging.

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The SuperTrend indicator isn't perfect. No indicator is. It works best in trending markets and can whipsaw traders when things get choppy.

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ETF inflows tell a different story than price action. While Ethereum's down over 3% this week, money keeps flowing into spot ETFs.

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The eight-day streak of inflows isn't massive in absolute terms, but the consistency matters. It shows steady demand rather than a one-day spike that fades.

The Currency Analytics

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