1️⃣ Market Structure Shift

  • ETH recently broke its short-term ascending structure (seen first on ETH/USDT, now reflected in ETH/BTC).

  • After the trendline break, price retested the zone and rejected — confirming seller dominance.

  • Current structure = lower highs (LH) + lower lows (LL) forming → bearish control on 1H.

    2️⃣ Rejection Block Setup

  • ETH/BTC tapped into a 1H Rejection Block (RB) and failed to reclaim it.

  • As long as price stays below this RB, momentum favors further downside.

  • Key downside targets:

    • 0.05580 → liquidity pocket

    • 0.05520 → demand zone retest

      3️⃣ Bullish Alternative

  • If ETH/BTC closes above RB (~0.05690 – 0.05720) with strong volume → rejection invalidated.

  • Upside targets then open:

    • 0.05780 (FVG fill)

    • 0.05850 (swing high retest)

4️⃣ Binance Trading Edge

  • Spot traders → watch the RB rejection for scalps to the downside.

  • Futures traders → use tight invalidation above RB for risk-managed shorts.

  • Use Binance’s advanced charting + real-time indicators to confirm rejection/invalidations before entries.

  • ⚡ In short: ETH/BTC is at a decision zone. Rejection keeps the 1H bearish, reclaim flips bias bullish.

showing:

  • 🔴 Rejection Block zone (0.05690 – 0.05720)

  • 🔵 Downside targets (0.05580 & 0.05520)

  • 🟢 Bullish targets (0.05780 & 0.05850)