Binance BTCUSDT 15m Trend Prediction

BTCUSDT in the past 15-minute period exhibits a relatively sharp retracement trend, with the bears clearly dominating the technical outlook. The price approaches the lower band of the Bollinger Bands with bandwidth expansion, indicating increased recent volatility and a continued downward development. The MACD is in a deep bearish zone, with both dif and dea components steadily decreasing in the negative territory, suggesting that the short-term bearish momentum has not yet eased. Although the RSI on short timeframes (rsi6, rsi12, rsi14) has fallen below the oversold threshold and shows slight stabilization, it has not yet signaled an effective rebound. Simultaneously, the KDJ indicator hovers at low levels, implying the downward trend may persist. Market depth and active buy/sell data are skewed bearish, with the active buy/sell ratios and account counts indicating that current bearish funds are prevailing. There is no significant sign of large-scale covering by major traders. Despite an increased proportion of long positions held by large accounts, the overall market sentiment has not reversed. The DMI indicator shows a clear dominance of the bears, with the ADX rising, suggesting a strong trending market. It is expected that there is still room for further short-term decline. During the downward move, trading volume has not shown a sharp increase, indicating limited panic selling in this stage. The decline appears primarily driven by technical factors. The main support level S1 is at 94,413, with limited short-term downside potential. Attention should focus on the range between 94,950 and 95,350. A break below this zone warrants caution against accelerated decline. Overall assessment suggests a high probability of continued decline for BTCUSDT over the next 15 minutes. A bearish position is recommended with a stop-loss set above 95,350. Until clear rebound signals emerge, it is not advisable to initiate long positions prematurely. If the price reaches the lower Bollinger Band or key support areas, monitor for potential short-term stabilization opportunities to switch from short to long positions.