ETH/BTC – 1H – SELL

The 1H ETH/BTC chart has triggered a cluster of bearish signals, led by a Trendline Break Up that has been negated by a subsequent Bull Pennant breakdown and a BOP Zero Cross Down, indicating selling pressure is building. The confluence of momentum oscillators—CCI OB Exit, STOCHF KD Cross Down, WILLR OB Exit, and BBANDS UPPER Retreat Down—points to an overbought condition unwinding, while the CTI OB Entry adds a contrarian bearish edge. However, the signal's strength is weak, and the broader trend across timeframes remains predominantly bullish, with the 1H and 2H showing solid uptrends (3/5). This suggests the bearish move is likely a pullback within a larger uptrend rather than a reversal.

Key levels to watch are immediate support at 0.03108 and resistance at 0.03153. A break below support would confirm the bearish momentum and could open the door to deeper correction, while a reclaim of resistance would invalidate the short-term bearish setup. The 15m timeframe is choppy and sideways, adding to the uncertainty. Traders should treat this as a scalp-level opportunity, with tight risk management given the weak signal strength and conflicting higher-timeframe trends.