Binance BTCUSDT 15m Trend Prediction

Comprehensive technical indicator analysis indicates that BTCUSDT is currently in a clear downtrend. From the candlestick chart, it can be seen that the price has experienced a continuous decline from a high near 117,000, and has now fallen to around 109,822. The RSI indicator shows divergence, with RSI6 at 20.03 indicating severe short-term overselling, which often suggests an excessive downward momentum and potential technical rebound. However, RSI14 at 48.90 indicates that the medium-term downward trend has not yet ended. Although the MACD histogram has turned positive, the DIF and DEA are still below the zero line and at relatively large values, indicating that while there are signs of a rebound, the overall trend remains bearish. Such a rebound in this context is likely a consolidation of the decline. The moving average system presents a complete bearish alignment, with the price suppressed below all major moving averages. The short-term MA5 (109,979.32) also acts as resistance. The Bollinger Bands show the price approaching the lower band, suggesting continued downward movement. Exchange data shows the active buy-sell ratio at 1.4065, slightly bullish, but the number of long and short accounts at 2.0349 and the large trader long-short position ratio at 1.9232 indicate ongoing divergence in funds. The funding rate of 0.00004503 is positive but small, reflecting weak longing willingness. The DMI indicator shows the negative directional indicator significantly stronger than the positive, with the ADX reaching a high level of 37.32, confirming the strength of the current downtrend. The ATR of 436.12 reflects moderate volatility, leaving space for further downside. The price is expected to test the lower Bollinger Band around 109,021. Considering the severe oversold condition indicated by RSI6, a technical rebound may be triggered. The target zone is set between 108,800 and 109,200. It is advised to proceed cautiously with short positions or hold coins. If the price rebounds to the 109,500-109,800 range, consider taking light short positions. Stop-loss should be set near 110,200, just above the middle Bollinger Band. Strict position control is required, as market sentiment remains bearish but an oversold rebound should be taken into account.