🚀 Ethereum’s ’Raging Bull’ Signal Flashes—Same Indicator That Nailed Bitcoin’s ATH Breakout Is Back

Ethereum just triggered the same explosive technical signal that foreshadowed Bitcoin's historic rally—and crypto traders are scrambling.

### The Bullish Omen Returns

Remember that obscure trading indicator that screamed 'buy' before Bitcoin's last parabolic surge? It's back—this time flashing green for ETH. The so-called 'Raging Bull' signal combines on-chain momentum with whale accumulation patterns, historically preceding massive price breakouts.

### ETH's Deja Vu Moment

Market veterans note eerie parallels to early 2024, when Bitcoin's identical signal preceded its 300% climb to new all-time highs. Now Ethereum's network activity shows similar accumulation by deep-pocketed investors—while retail traders remain distracted by meme coin casinos.

### The Fine Print

No indicator is foolproof (as anyone who bought Luna's 'death cross' can attest). But with ETH fundamentals stronger than ever—record-low exchange balances, soaring institutional interest—this might be the rare crypto signal worth betting on. Just maybe hedge with some stablecoins... unless you enjoy explaining 50% drawdowns to your accountant.

Ethereum Reactivates Rare Bullish Indicator

On July 16, crypto analyst Tony Severino announced in a post on X social media that Ethereum has just flashed the critical Raging Bull indicator—a tool previously credited for accurately forecasting Bitcoin’s parabolic rally. This development, highlighted on the monthly chart, marks the potentially strongest confirmation of bullish momentum for ETH since its last major surge. 

The analyst’s chart shows Ethereum closing the most recent monthly candle at $3,177, posting a 27.81% gain. This marks the first time the Raging Bull indicator has reappeared after months of absence since ETH bottomed out during the broader market correction in late 2022 and early 2023. The indicator, visible through yellow-highlighted candles, historically appeared during periods of strong upward trend formation on high time frames.  

The last time Ethereum printed a similar pattern was during its famous 2020 breakout, which ultimately led to an explosive surge toward its ATH above $4,800. That run coincided with a sustained sequence of yellow candles backed by rising momentum. Based on this trend, the reappearance of the Raging Bull indicator suggests that Ethereum may be recovering from its 2022-2023 lows, highlighting the potential start of a renewed bullish phase. 

Although Severino has not provided a specific price target or projection in his analysis report, the emergence of the key bullish signal on the high-timeframe chart potentially positions Ethereum in a bullish setup similar to the one Bitcoin was in when the same indicator flashed.  

Bitcoin Price Action After The Raging Bull Flashed 

According to a previous post, Severino revealed that Bitcoin’s Raging Bull indicator had reappeared earlier in May 2025, signaling for the first time since its last confirmed signal at the end of 2024. This technical development was marked on the weekly chart after a decisive candle close around the $97,452 level, marking a 3.91% gain.

The Raging Bull indicator first appeared during Bitcoin’s breakout in late 2023, with the momentum extending through the first half of 2024. After temporarily going dormant, the chart indicator flipped back on again around November 2024, preceding a major price rally. Its recent 2025 reappearance follows a recovery from local lows, forerunning an explosive surge in the BTC price. 

Given its consistent activation during periods of uptrends, the Raging Bull signal has become a key indicator for a potential price expansion. Despite its claimed accuracy, Severino acknowledges that, like all trading systems, it is not perfect and can sometimes generate false signals.