ETH/BTC – 1H – SELL

The 1H chart for ETH/BTC has triggered a dense cluster of bearish signals, led by a Trendline Break Up and a Descending Channel breakdown, alongside momentum and volatility indicators rolling over: BOP Zero Cross Down, STOCH OB Exit, STOCHRSI KD Cross Down, BBANDS UPPER Retreat Down, HMA Retreat Down, and ZSCORE Extreme High Exit. This suggests that the recent upward push has stalled and is now reversing within the context of a larger descending structure, with the break of the trendline and channel adding weight to the bearish case. The confluence of pattern, trendline, and indicator signals points to a high-probability short-term pullback, with immediate downside targets at the nearest support of 0.03059, while resistance at 0.03152 caps any bounce.

However, the higher-timeframe backdrop is firmly bullish, with very strong trends on the 15m, 30m, and 1h, and a solid daily trend. This creates a conflicting picture: the bearish signals are firing against the prevailing trend, which could mean this is a corrective dip within a larger uptrend rather than a reversal. The moderate strength and 67% probability reflect this tension. Traders should watch the 0.03059 support closely; a break below would confirm the bearish move, while a hold would likely see the uptrend resume.