ETH/BTC – 1H – SELL

The 1H chart for ETH/BTC has fired a dense cluster of bearish signals, including a Trendline Break Down, a Fibonacci Break Down (0% level), a Bearish Engulfing candlestick, and a Closing Marubozu Bearish. These are reinforced by momentum and oscillator crossovers: the BOP Zero Cross Down, STOCH KD Cross Down, WILLR OB Exit, and HT PHASOR Inphase Cross Down all point to weakening buying pressure and a shift toward downside momentum. The confluence of these signals across different groups (indicator, trendline, fibonacci, candlestick) suggests a strong short-term bearish reversal is underway.

However, the broader trend context is notably bullish across all timeframes, from 15m to 1D, with the 15m and 1D showing solid trends. The 1H, 2H, and 4H are choppy but still bullish. This creates a conflict: the intraday bearish signals are firing against a higher-timeframe uptrend. The key levels to watch are nearest support at 0.02942 and resistance at 0.02975. A break below support would confirm the bearish move, while a bounce could indicate the pullback is being absorbed by the larger uptrend.