Binance BTCUSDT 15m Trend Prediction

The current BTCUSDT 15-minute candlestick chart shows a significant weakening after a strong rally in previous periods. Technical indicators have entered the oversold zone across the board, but no clear reversal signals have emerged, indicating a short-term bearish dominance in the market. The Bollinger Bands indicate that the current price has fallen below the midline, with the band width gradually narrowing, suggesting the momentum of the trend is diminishing and no clear bottoming pattern has formed. The support level is around S1 (112714.4); however, there remains a short-term risk of new lows emerging. The MACD and KDJ indicators are both in extremely weak territory, and the DMI and ADX together confirm a strong, clearly downward trend. Rebound difficulty is notable, and a recovery may require increased volume and a change in the indicator trajectory. Despite large traders holding a net long position with an account ratio above 1, indicating some capital attempts to bottom out, the active buy-sell ratio is not significantly skewed. Market consensus is divided, and there has been no clear drive for a rebound. The short-term target zone is set at 114600-115000. If there is some support or change in major capital flows, attention can be paid to resistance above 115000 for testing. A drop below 114600 warrants focus on support around 112700. Currently, no structural reversal signals have appeared. It is advised to adopt a wait-and-see approach. Aggressive traders may consider small-scale short positions on rallies, with a stop loss set above 115400 to guard against a strong rebound. Conservative traders should wait for stabilization before re-entering the market.