ETH/BTC – 30M – SELL

The 30-minute ETH/BTC chart has fired a cluster of bearish signals, including a Trendline Break Up, Double and Triple Bottom Retreat Downs, a Symmetrical Triangle, STOCH OB Exit, BBANDS UPPER Retreat Down, and a Fibonacci Break Down (0%), alongside a High Wave Bearish candlestick. These signals collectively indicate that the recent upward momentum has stalled and is reversing, with price retreating from overbought conditions and breaking down from key technical patterns. The confluence of multiple retreat-down signals and the Fibonacci breakdown suggests a strong bearish impulse at this timeframe.

While the 30-minute trend is still labeled bullish (trend forming, 2/5), the bearish signals are firing against this short-term uptrend, suggesting a potential pullback or reversal. The higher timeframes (1h, 2h, 4h, 8h) are also bullish but weak, while the 12h is bearish, and the 1d shows a solid bullish trend. This mixed picture implies that the bearish signal on the 30M may be a corrective move within a larger bullish structure, but the immediate bias is to the downside. Key levels to watch are the nearest support at 0.02921 and resistance at 0.02958. A break below support could confirm further downside, while a reclaim of resistance would invalidate the bearish setup.