Binance BTCUSDT 15m Trend Prediction

BTCUSDT current price is closely hugging the lower band of Bollinger Bands, with Percent B approaching zero, combined with a continuously expanding negative MACD value, indicating that the bearish sentiment still dominates. RSI6 and RSI14 remain at low levels, and KDJ is in an extreme oversold condition. Although there is a short-term rebound demand, there are no signs of a trend reversal yet. The price may continue to probe lower toward S1 (117410) or between the support zone (117121-117410). Large traders' long positions are very prominent; however, the price continues to break downward, indicating that the bullish capital is either short-term trapped or adding inertia, which instead increases the risk of a bull trap. Active buying and selling tend slightly towards buying pressure; however, position lock-in at high levels and accumulation at low levels coexist. The selling pressure is stronger, and since trading volume has not significantly increased, the market is in a weak equilibrium. The probability of a downward move is higher in the short term. Technical indicators support a decline toward the previous low S1, but since multiple oversold signals have been reflected, panic selling is diminishing. There is a possibility of stabilization or a rebound within the 117,300–117,700 range, which warrants observation for a rebound movement. Overall assessment suggests a short-term bearish trend. It is recommended to monitor the 117,400 support level closely. If broken, strict stop-losses should be implemented. If the price stabilizes between 117,300 and 117,700, a small long position can be tested. It is not advisable to buy against the trend before stabilization. This round of decline is part of an inertial release after intense suppression. Low-position deployment should be considered only after clear oversold rebound signals emerge. Short-term positions should be controlled strictly with stop-losses.