Binance BTCUSDT 15m Trend Prediction

Based on the candlestick chart trend, BTCUSDT has experienced multiple days of continuous decline, repeatedly breaking through several support levels. The current rebound is weak, and the overall downward trend has not reversed. The Bollinger Bands are narrowing, with the lower band reaching the mid-band area, becoming the main activity zone for short-term downward movement. If the price fails to effectively break through the mid-band in the short term, it will continue to test the lower band or even prices outside the lower band (around 96,000). Although the MACD shows slight convergence, it has not yet formed a bullish crossover. The downward movement pattern is highly unfavorable for the short-term market, as the momentum has not yet shifted. The RSI is in a low state across all timeframes, indicating market sentiment is bearish, with no clear signs of funds actively bottom-fishing. The KDJ index has rebounded, but the J value still has not fully driven the K and D to turn effectively, limiting the rebound scope and leaving room for further downward testing. The positions of major long and short holders, as well as the number of accounts, are extremely high, indicating concentrated distribution of longs; however, active buy orders are relatively low, raising the possibility of a 'false bullish signal with real weakness.' Funds are exiting from high levels, making a slide downwards likely. The DMI structure is extremely bearish, with a high ADX indicating a strong trend. Short-term inertia is likely to continue, with an expectation of a slight decline followed by a weak rebound within the next 15 minutes. There are no clear support or resistance levels below, making the market prone to inertia-driven drops. The reasonable target zone for this cycle’s downside is between 96,000 and 97,000. Overall, the downward trend remains unaltered, with a short-term bias toward high-altitude short positions. Do not attempt to buy the dip against the trend. If bulls are to reverse, they need to wait for a bullish MACD crossover and clear bottoming signals from RSI.