Binance BTCUSDT 15m Trend Prediction

BTCUSDT has shown a persistent decline over the recent cycle, with the candlestick chart exhibiting a generally weak trend, and there are signs that the downward trend has not been fundamentally reversed. The Bollinger Bands are currently in a contracted state, with the price near the middle band but closer to the lower band, indicating a high probability of downward testing towards the 114952 level and below support levels. Although the MACD shows a slight upward crossing, it remains in negative territory overall, suggesting limited bullish momentum and insufficient short-term rebound strength. The short- and medium-term moving averages (MA5-MA20) have already turned upward and are above the current price, which is under pressure from multiple moving averages. The gap between MA50, MA200, and the current price is large, implying significant short-term downside pressure. The RSI14 is in a neutral to weak zone, while RSI24 is approaching oversold conditions, indicating that the short-term weakness has not yet ended. The DMI dynamic indicator clearly shows a bearish dominance, and with ADX values above 60, the market's downward trend is highly evident, with lower risk for short positions compared to long positions. Although large traders’ long-short positions are relatively skewed, the buy-sell ratio in spot and futures markets is not strongly bullish, suggesting that active longs mainly originate from derivatives or are seeking rebounds, while actual spot buying demand remains limited. Overall, it is expected that BTCUSDT will continue to decline within the next 15 minutes to the 114,500-115,000 range. Without volume-driven reversals and clear declining candlestick signals, it is not advised to blindly bottom-fish. Short-term trading could consider trend-following shorts with a stop-loss set above 115,800. If a sharp decline occurs along with increased trading volume and RSI24 entering the oversold zone, buy signals at support levels could be monitored for potential reversal; however, no confirmation of bullish strength has been evident so far.