Binance BTCUSDT 15m Trend Prediction

The short-term candlestick chart shows BTCUSDT experienced a high-level retreat, with multiple falls below moving average supports and oscillation between the middle and lower bands of the Bollinger Bands, with rebounds hindered (MA5, MA10, MA20 all above), indicating a clear downward shift in market focus. Trading volume has not significantly expanded; the current trend's downward momentum remains, but there has been no extreme breakout of selling pressure. The probability of further short-term decline remains high. MACD in the negative zone has not shown a noticeable rebound for a long time, indicating insufficient capital inflow. Overall RSI indicators remain weak, especially RSI24, which significantly suggests that major funds are reluctant to buy, making short-term rebounds difficult to organize. The KDJ trio is declining, with the J value hitting recent lows, so short-term trading should be cautious and favor short positions. Near the lower boundary of the Bollinger Bands provides short-term support, with an expected decline target around 106200 (S1). If volume continues to expand downward and breaks support, the price may test 105850 (lower extension of the lower band). However, within this range, fluctuations cannot exclude rebounds, but the overall trend remains weak. DMI indicates that bears are stronger than bulls; the ADX is at a low level, suggesting a downtrend that is not extreme, primarily oscillating in a bearish manner. The active buying ratio is relatively low, and market capital flows are marginally bearish. Although large accounts' long and short positions and the number of accounts are relatively high, the lack of consistency with technical indicators suggests that after a brief rebound, the market may continue to decline. Support levels should be observed before considering gradual re-entry of long positions at lower levels. In summary, BTCUSDT is expected to continue oscillating downward over the next 15 minutes, with a target range of 106200-105850. Caution is advised when shorting, position size should be controlled, and stop-loss can be set above 106850. If trading volume decreases and support holds, it may be prudent to temporarily hold and wait.