Binance BTCUSDT 15m Trend Prediction

Currently, within the 15-minute period, the BTCUSDT price shows signs of weakness, with Bollinger Bands and MACD both indicating a downward trend. Although large institutional holdings suggest bullish sentiment, the number of long and short accounts is close to 1, indicating that market participants are relatively cautious. Combining recent volume changes, market participants are acting negatively, lacking upward momentum. Support levels S1 and S2 are below the current price, but technical indicators suggest the possibility of further downside. It is recommended to observe the potential support strength near the current price. If the price drops to around 120,400, consider short-term rebound opportunities. Trading strategies should primarily focus on short-term observation, waiting for confirmation of support before deciding whether to enter the market. Avoid chasing short positions at this stage and set reasonable risk stops below 120,000. Take profit targets are suggested to be above 121,000, with adjustments to be made based on market momentum changes. Given the overall market structure and the short-term emergence of bearish forces, investors are advised to implement risk management, stay cautious, and adjust their operations once market signals become clearer.