ETH/BTC – 2H – SELL

The 2H chart for ETH/BTC has fired a cluster of bearish signals, including a Trendline Break Down, Double Top, Triple Top, and Symmetrical Triangle breakdown. These pattern-based signals are reinforced by a Fibonacci Break UpTrend at 0% and a Bullish Harami Cross, which in this context may indicate a failed bounce. The AROON Strong Uptrend and HT PHASOR Inphase Cross Down add momentum confirmation for the downside. The confluence of multiple chart patterns and trendline breaks suggests that sellers are in control on the 2H timeframe, with the price likely to test the nearest support at 0.02870.

Across timeframes, the picture is mixed: the 15m, 30m, and 1h are bearish with strengthening trend scores, aligning with the 2H bearish bias. However, the 4H is also bearish but choppy, while higher timeframes (8H, 12H, 1D) remain bullish, with the daily showing an extremely strong uptrend. This suggests the current bearish move may be a corrective pullback within a larger uptrend, rather than a reversal. The key resistance at 0.02986 is the immediate hurdle for any bounce, and a break above that would invalidate the bearish setup. Traders should watch for a test of support at 0.02870, but be cautious of the conflicting higher-timeframe trend.