Blood Moon Lunar Eclipse Could Be the Silver Lining That Catalyzes a Bullish Reversal

This brutal sell-off is due to Bitcoin's (BTC) sudden collapse below $80000 over the weekend. The upcoming blood moon lunar eclipse could be a silver lining

The crypto market has seen heightened volatility in recent days, with Bitcoin (BTC) suddenly crashing below $80,000 over the weekend. This brutal sell-off has also seen Ethereum (ETH) get brutally oversold, with whales getting liquidated as prices crashed below $2,000 for the third time this year. However, there could be a silver lining in sight.

A Lunar Eclipse known as the ‘Blood Moon’ is set to occur on the night of March 13, 14 2025, which could either catalyze a bullish reversal or further exacerbate the downtrend by another leg of correction not just for Ethereum price but also the entire crypto market.

Lunar cycles tend to affect stock market returns. For example, studies have shown that stock returns are lower on the days around a full moon than on the days around a new moon.

Also, in the crypto market, usually, full moons signal a bullish reversal for Bitcoin.

Popular analyst Crypto Damus noted “eclipses can create extreme emotions” and “extreme sentiment” especially with “an opposition to fear planet Saturn.”

When such eclipses are combined with “venus retor,” Damus adds, “You get a perfect storm for a Panic Sell Off.”

So, investors can expect heightened volatility but a further crash in crypto markets is highly unlikely, especially if Bitcoin (BTC) manages to stabilize between $78K and $82K. In such a case, the blood moon lunar eclipse could help catalyze a bullish reversal.

How Will Ethereum Price React to the Upcoming Blood Moon Lunar Eclipse?

From a technical standpoint, Ethereum price has swept the previous daily lows and formed a bullish swing failure pattern (SFP). This is the first bullish signal.

Due to the SFP, ETH has bounced 10% and trades at $1,900 with more upside potential, according to cryptocurrency price trackers.

However, if Bitcoin remains weak and ETH price fails to break above the $2,100 to $2,200 resistance zone, it will signal weakness. In such a case, the blood moon lunar eclipse could further exacerbate the bearish trend and catalyze a panic sell-off to $1,500 or $1,000.

On the other hand, if Ethereum price manages to sustain above the $2,200 level, it will form a higher high and confirm a shift in market structure, putting the bulls in control.

In such a case, ETH needs to form a higher low, potentially above the $2,000 level, to retain this optimistic structure. Such a bullish Ethereum price prediction could then trigger another leg up to $2,500 or even the $3,000 psychological level.