Binance BTCUSDT 15m Trend Prediction

BTCUSDT is currently operating near the lower Bollinger Band, with a negative amplitude. The 15-minute short-term cycle has broken below all mid-term moving averages, indicating a continuation of the downward trend. Although the market funding rate is slightly positive, active buying and selling, as well as large institutional long and short positions, all show bullish signals. However, the market remains predominantly bearish, with signs of manipulation to induce long positions. Currently, trend-following trading is preferred. The moving average system is diverging in a bearish manner, and multi-timeframe RSI indicators are in an extremely oversold state without signs of rebound, reflecting panic-driven sentiment. The downward pressure in the short term is considerable. The MACD histogram continues to expand in the bearish direction without divergence at the bottom, while KDJ oscillates weakly sideways. The probability of a short-term technical rebound is very low. Trading volume has not continued to expand, indicating that the decline is driven by low volume drops. If volume does not pick up, further testing of support levels below is likely. Technical resistance is above 109,350. If the 15-minute cycle fails to recover this level effectively, a further decline towards the S2 to S3 zone is highly probable, around 108,600. Overall, the trend remains clearly bearish with no bottoming signals. Short-term trading should focus on trend-following short positions, with target zones at 108,600-109,350. Buying the dip blindly is not advised until a clear rebound above 110,000. Trading advice: Consider light short positions on rallies. If prices rebound and do not surpass 109,650 or face resistance from the mid-term moving averages, increase short positions accordingly. Set stop-loss above 110,000. If the price falls below 108,600, beware of accelerated downside and possible panic selling.