Binance ETHUSDT 15m Trend Prediction

Currently, ETHUSDT exhibits a clear downward trend within the 15-minute timeframe. The Bollinger Bands show the price is close to the lower band, indicating bearish market sentiment. The MACD remains in the negative territory, demonstrating strong downward momentum, with the DIF and DEA lines widening apart. The RSI indicator is approaching the oversold zone but has not yet reached extreme oversold levels, suggesting there is still room for further decline. The KDJ indicator emphasizes a downward trend, with a J value significantly below K and D, implying the short-term market may continue to weaken. Although large traders' holdings ratio is bullish, it has not driven the price upward, indicating that bearish forces are currently more dominant in the market. The amplitude indicator is negative, combined with ADX and DMI signals, implying further short-term corrections are likely. Trading advice is that investors should remain cautious, avoid long positions for now, and consider a small speculative long position if the price stabilizes after falling to the support zone of 3530-3570. Stop-loss can be set below the S2 support level at 3500 to mitigate potential further losses.