Binance BTCUSDT 15m Trend Prediction

Within the 15-minute timeframe, BTCUSDT experienced a significant decline, with the tail section of the candlestick chart displaying consecutive long bearish candles, indicating concentrated sell pressure that caused volumes to markedly increase. The price broke through multiple moving averages and dipped below the middle line of the Bollinger Bands, moving downward, dominated by the bears. Regarding technical indicators, the MACD continues to decline with no signs of divergence, suggesting that the downward trend has not shown a notable pause or reversal signal. Both RSI and KDJ are simultaneously in highly oversold regions, but in an extreme bearish environment, the short-term bearish momentum may persist for one to two candles. DMI and ADX show a pronounced downward trend, with a high ADX value indicating that the current market is trending rather than sideways. DMI- is extremely high, implying that the bearish momentum is fully in control. Although market position data suggests that bulls hold an advantage, when combined with active buy-and-sell ratios and funding rates, it indicates that current long positions may be forcibly liquidated or closed by stop-loss orders, with no underlying support formed. While large accounts tend to be more bullish, the extremely high number of accounts likely reflects passive holding rather than active bullish entry. The candlestick pattern exhibits inertia in touching the lower Bollinger Band, and the short cycle may continue to release further downside pressure. It is expected that within 15 minutes, there could be further downward movement. Attention should be paid to the temporary support zone around 84,200 (approaching the lower Bollinger Band and oversold limit). Signs of stabilization require volume increase at a low point or initial technical steadiness before considering potential rebounds. Short-term trading suggestions: it is not advisable to bottom fish against the trend. Wait until oversold conditions are extreme, with declining volume and reversal signals before considering a rebound opportunity. For risk control, avoid blindly going long or bottom fishing. Prioritize short positions. Stop-loss can be set above 85,000, with the target around 84,200.