ETH/BTC – 1H – SELL

The 1H chart for ETH/BTC has triggered a cluster of bearish signals, including a Trendline Retreat Down, CCI OB Exit, BBANDS UPPER Retreat Down, SMA 200 Retreat Down, and a KDJ Cross Down, alongside a Golden Cross and HT PHASOR Inphase Cross Up that have already played out. This suggests that after an extended upward move, momentum is stalling and price is pulling back from overbought conditions. The confluence of multiple retreat-down signals from trendlines, Bollinger Bands, and the SMA 200 points to a likely corrective phase, with the nearest support at 0.03059 serving as the initial downside target.

Across timeframes, the broader trend remains bullish, with solid trends on the 15m, 30m, and 1D, but the 4H and 8H are choppy and sideways, indicating a lack of strong higher-timeframe momentum. The 1H signal is a counter-trend pullback within a larger uptrend, so the bearish move is likely corrective rather than a full reversal. The nearest resistance at 0.03132 is the key level to watch; a break above that would invalidate the bearish setup, while a hold below it keeps the downside bias intact. Traders should monitor whether the pullback finds support at 0.03059 or if it extends further.