ETH/BTC – 1H – SELL

The 1H ETH/BTC chart has triggered a confluence of bearish signals, including a Trendline Break Down, a Double Top, and a Symmetrical Triangle, indicating that sellers are in control on the short-term timeframe. The Double Top Retreat Up and the BOP Zero Cross Up suggest that buyers are attempting to push back, but the overall pattern remains bearish. The RSI OS Exit and HT PHASOR Inphase Cross Up hint at a potential short-term bounce, yet the HT SINE Cross Down reinforces the bearish momentum. These signals collectively point to a high-probability sell setup on the 1H chart, with the nearest resistance at 0.02986 and support at 0.02870.

However, the trend across higher timeframes is mixed. While the 15m and 30m timeframes are bearish, the 8h, 12h, and 1d timeframes are bullish, with the daily trend extremely strong. This divergence suggests that the bearish move on the 1H chart may be a corrective pullback within a larger uptrend. Traders should watch the support at 0.02870; a break below could signal a deeper correction, while a hold could lead to a resumption of the bullish trend. The invalidation level for the bearish setup is above the recent swing high near the resistance, so a close above 0.02986 would negate the bearish thesis.