ETH/BTC – 1H – SELL

The 1H ETH/BTC chart has fired a dense cluster of bearish signals, including a Trendline Retreat Down, multiple momentum zero-cross downs (MOM, ROC, ROCR), a BOP zero cross down, a STOCHF KD cross down, and a Fibonacci break down below the 0% retracement level. These signals indicate that the recent upward move has stalled and that selling pressure is building, with momentum shifting decisively to the downside on the 1H timeframe. The confluence of trendline, Fibonacci, and indicator-based signals strengthens the bearish case, suggesting that the market is likely to retrace the recent advance.

Despite the bearish 1H setup, the broader trend across higher timeframes remains bullish, with the 1D showing a very strong trend (4/5) and most intraday timeframes (15m to 12h) still bullish, albeit with weak trend scores (1-2/5). This creates a divergence: the immediate momentum is bearish, but the larger trend is still up. The key levels to watch are the nearest support at 0.02904, which could act as a target for the pullback, and the nearest resistance at 0.02965, which now serves as a ceiling. A break below support would confirm further downside, while a reclaim of resistance would invalidate the bearish signal.