Binance BTCUSDT 15m Trend Prediction

The current 15-minute cycle of BTCUSDT is in a weak technical state, with the price hovering near the lower Bollinger Band, and the Bollinger Bands are in a converging phase, indicating an extremely weak and short-term sideways pattern. The short-term moving averages MA5 and MA10 are both below MA20 and MA50 and are turning downward, clearly indicating a weakness. There are no signs of reversal in the short term. Both RSI and KDJ indicators show extreme oversold conditions. Although there is a theoretical expectation of a rebound, combined with the MACD being in a strong bearish alignment with no divergence, short-term rebounds lack support, and further weakening or declining is probable. MACD is in a clearly bearish zone, with multiple KDJ lines near zero, indicating very weak bullish momentum. Funding and large account indicators suggest that while some major players are slightly bullish, the number of accounts and overall market dynamics reveal insufficient bullish persistence; retail traders are predominantly bearish, and with low willingness of large holders to exit long positions, the rebound is limited and more prone to further decline. Volatility and trading volume show no abnormal spikes, reflecting a lack of panic selling during the decline. Instead, the downturn appears to be driven by weakness rather than fear. Short-term support is seen around the 117,250–117,450 range (near S1/S2). If the price breaks below S2, attention should shift to S3 (around 117,050). Overall assessment: The short-term trend is mainly a continuation of weakness downward, suggesting a short-term empty (short) position or a light short-selling strategy. If it drops near S2 (117,250), monitor whether it can stabilize and rebound; otherwise, exercise caution in shorting. It is recommended to move stop-loss up to above S1 (117,418.9), with initial targets at 117,250–117,450.