ETH/BTC – 2H – SELL

The 2H ETH/BTC chart has fired a dense cluster of bearish signals, including Trendline Retreat Down, Trendline Break Down, BOP Zero Cross Down, STOCHF KD Cross Down, EMA Retreat Down, and multiple retreat signals from higher timeframes. This confluence points to a clear rejection at resistance and a shift in short-term momentum. The 2H trend is bearish and forming, while the 4H and 8H are also bearish, though choppy. However, the 15m, 30m, and 1D timeframes remain bullish, with the daily showing a very strong uptrend. This creates a mixed picture: the immediate pullback is supported by lower timeframe bearishness, but the higher timeframe trend is still intact.

Key levels to watch are the nearest resistance at 0.02940 and support at 0.02870. A break below support would confirm the bearish move and open the door to further downside, while a reclaim of resistance would invalidate the bearish thesis. The signal probability is high at 89% with very strong strength, but traders should be cautious given the conflicting higher timeframe trends.