Binance BTCUSDT 15m Trend Prediction

Within the current 15-minute cycle of BTCUSDT, technical indicators collectively point to a strong short-term bearish trend. The Bollinger Bands are widening upward, with a negative percentage value, and the price is approaching the lower band without signs of stopping the decline. The MACD bearish momentum has significantly strengthened, with persistent increasing volume below the zero line, making a short-term rebound highly unlikely. Multiple time frame RSI remains low, and the KDJ indicator is also at extreme lows, indicating the downward movement has entered an accelerated release phase. Although there is short-term overselling, no bullish reversal or engulfing pattern has formed, and the bearish trend remains dominant. DMI and ADX suggest the market has clearly entered a trend-based decline channel, with strong bearish signals. Large capital flows are predominantly bearish overall, with only brief oscillations possible but unlikely to support a meaningful rebound. The holdings ratio of major traders is slightly inclined towards long positions; however, account distribution indicates that large traders predominantly control net short positions. Mainstream accounts do not show significant influx of long positions. Support levels are at 117,000 to 117,700. If these are broken, the price may test lower targets (e.g., S2: 117,412; S1: 117,663). If buying interest exceeds at these levels, a short-term oversold rebound may occur, but the overall trend remains downward after a rebound. It is advised to continue mainly short positions in the short term, and if a rebound occurs from oversold levels, to monitor the support zone at 117,000-117,700 for effectiveness. Strongly recommend setting stop-loss orders to guard against extreme market volatility.