Binance BTCUSDT 15m Trend Prediction

BTCUSDT is currently in a continued weak state after a rapid decline. Multiple indicators show oversold conditions but no signs of a reversal, with bear momentum persisting. Core technical indicators such as MACD, RSI, and KDJ are all extremely bearish, showing no signs of rebound, and the short-term inertia suggests a high probability of further downward movement. The lower Bollinger Band is near the current price, with percent_b close to 0, indicating the possibility of further penetration below the lower band. If the lower band fails to provide support, bearish pressure will continue to intensify. Market sentiment is bearish, with active buying and selling and account ratios leaning towards shorts. Although large accounts hold significant long positions, their distribution is unstable, cautioning against a potential short squeeze. Short-term support is concentrated around 121,533.3 (S1) and 121,432 (S2). A break below these levels may lead to testing the lower boundary of the range at approximately 120,000-121,000. Currently, no rebound strategy is considered; only if a bottoming signal appears on the 15-minute cycle will the strategy be revisited. It is advised to observe and wait or to follow the trend by shorting. Consider entering long positions only when clear volume-price divergence and MACD/RSI reversal signals appear. Stop-loss is recommended near 122,500 to control risk.