ETH/BTC – 30M – SELL

The ETH/BTC pair on the 30-minute timeframe has triggered a dense cluster of bearish signals, including trendline breaks, retreats from double and triple bottoms, and multiple zero-cross and cross-down indicators (BOP, CCI, STOCHF, DEMA). This confluence suggests a strong short-term bearish impulse, with price likely to retreat from recent highs. The nearest resistance at 0.02987 has been rejected, and the break below the trendline and prior support levels points to a move toward the nearest support at 0.02969.

However, the broader trend across higher timeframes remains bullish, with the daily chart showing a solid uptrend. The 30-minute bearish signal is therefore a counter-trend pullback within a larger bullish structure. The alignment of multiple indicators on the 30-minute chart gives the signal high probability, but traders should be cautious of the bullish higher timeframe context, which could limit downside or trigger a reversal. Key levels to watch are the resistance at 0.02987 and support at 0.02969; a break below support could extend the decline, while a reclaim of resistance would invalidate the bearish setup.