Ethereum’s Wave Trend indicator has entered oversold territory, sparking excitement among traders and fueling bullish speculation. Historically, this signal has been a reliable harbinger of price rallies, with past instances leading to explosive gains in the Ethereum market. 14,000% surges and another +4,000% mark are notable examples of how this indicator’s historical performance can shape investor expectations. As the indicator dipped into oversold levels recently, traders are eyeing a potential breakout fueled by waning selling pressure. 2025 saw Ethereum achieve significant gains in line with such signals, further adding to the optimism for continued price growth.