ETH/BTC – 30M – SELL

The ETH/BTC pair on the 30-minute timeframe has triggered a cluster of bearish signals, including a Trendline Break Down, a Bearish Engulfing candlestick, and a Belt Hold Bearish pattern, alongside a BOP Zero Cross Down and T3 Retreat Down. These signals collectively suggest a short-term pullback within a broader bullish context. The immediate trend across lower timeframes (15m and 30m) is still bullish but only forming, while the 1h and 2h timeframes show bearish or choppy conditions. Higher timeframes (4h to 1d) remain solidly bullish, indicating that the bearish signals may represent a corrective move rather than a reversal.

Key levels to monitor are the nearest resistance at 0.03155 and support at 0.03098. A break below support would confirm the bearish momentum, while a hold above it could see the pair resume its larger uptrend. The confluence of multiple bearish patterns on the 30m chart, combined with a weak overall trend score, suggests limited downside potential. Traders should watch for a decisive close below the support level to validate the sell signal, and be cautious of a quick bounce if the higher timeframe bullish trend reasserts itself.