Binance BTCUSDT 15m Trend Prediction

From the 15-minute chart with 400 candlesticks, the recent overall high-level retracement of BTCUSDT is observed, with the current price situated below the middle Bollinger Band. Momentum remains predominantly bearish, and no effective rebound has been seen. The MACD shows a dead cross with an expanding green histogram, indicating strengthening downward momentum, corroborated by the weak RSI, confirming a dominant bearish trend. The moving average system indicates that short-term MA5/10/20 are all above the current price, while the long-term MA200 is distant and trending downward. This aligns with the candlestick distribution, leading to a lack of rebound strength. Although the KDJ has exhibited a minor rebound from lower levels, the rebound is weak, with J diverging from K and D, suggesting a high probability of a secondary bottom test in the future. Active buy orders slightly outnumber sell orders; however, large traders’ long-short positions are relatively balanced. The bulls have yet to push the price upwards, which may indicate a trap for bullish traders. A short-term correction is anticipated. The DMI indicator shows the bears are in control, with the ADX level indicating that a new trend—specifically a decline—is beginning to establish. Combined with volume analysis, the decline is accompanied by increasing volume, and the volatility (ATR, volatility) remains relatively low, leaving room for further declines with volume support. Support levels to watch are around S1-S2 (89888-89429), where the short-term inertia downward movement may reach. It is recommended that short-term traders maintain a bearish outlook, attempting short positions around the 90230-90150 range on rebounds, with targets set at 89880-89430 and a stop-loss at 90250. If the price breaks below 89429, attention should shift to S3 and secondary support levels. If the support holds effectively, observe whether a bottoming and rebound occur. If a large bullish candlestick appears on the 15-minute chart gradually reclaiming the middle Bollinger Band and short-term moving averages, consider gradually taking profit on short positions. It is essential to implement strict risk controls to prevent extreme market conditions.