ETH/BTC – 1H – SELL

The 1H ETH/BTC chart has fired a dense cluster of bearish signals, including a Symmetrical Triangle and Bear Pennant breakdown, an APO Zero Cross Down, BOP Zero Cross Down, a strong DX Trend reading, a STOCH KD Cross Down, and a WILLR oversold entry. This confluence points to sustained selling pressure in the near term, with the EMA Retreat Down adding to the bearish momentum. The 15m, 30m, and 1h timeframes all show bearish trends, with the 1h trend still forming, which suggests the move is still developing and could gain traction.

However, the higher timeframes (2h through 1d) remain bullish, creating a conflict that limits the downside potential. The nearest support at 0.03070 is the key level to watch; a break below it would open the door to further declines, while a bounce could signal a resumption of the longer-term uptrend. The nearest resistance at 0.03238 is the immediate hurdle for any recovery. Traders should monitor the 1H trend strength and the price action around these levels to gauge whether the bearish signals will dominate or fade.