ETH/BTC – 1H – SELL

The 1H ETH/BTC chart has fired a dense cluster of bearish signals, led by Trendline Retreat Down and Trendline Break Down, with a Double Bottom Retreat Down, CCI OB Exit, and BBANDS UPPER Retreat Down. These signals collectively indicate that the recent upward move has stalled and price is retreating from overbought conditions. The confluence of trendline breaks, a failed double bottom pattern, and multiple oscillator exits from overbought territory points to a strong short-term bearish reversal.

Despite the bearish 1H signals, the higher timeframes remain bullish, with the 1D showing a solid trend (3/5) and 8H/12H forming trends (2/5). This suggests the sell signal may be a pullback within a larger uptrend rather than a major trend reversal. Key levels to watch are immediate support at 0.02979 and resistance at 0.02990. A break below support could accelerate the decline, while a reclaim of resistance would invalidate the bearish case.