Binance ETHUSDT 15m Trend Prediction

ETHUSDT is currently experiencing consecutive declines within the 15-minute timeframe, with both MA and MACD diverging in a bearish manner, RSI values are broadly suppressed, indicating a clear short-term downtrend in the market. The lower Bollinger Band has been repeatedly tested, with the price approaching the lower band and percent_b well below 0.5, signifying a weak short-term pattern that may lead to a breakout and accelerated decline toward approximately 3520 (based on ATR reference), followed by horizontal consolidation. The MACD red histogram is contracting and shows continuous weakening, with rebounds lacking strength. RSI and KDJ are both in oversold territory but do not exhibit clear bottoming signals; downward momentum persists. Currently, large bullish traders are aggressively pulling up prices, but retail investors and active buy orders show low follow-through intent. The active buy/sell ratio is only 0.80, indicating that the downward process is likely still ongoing. Short-term support levels are considered at the lower Bollinger Band around 3536, within the ATR fluctuation range, with an extreme support at 3520 (should accelerated decline occur). It is recommended that short-term traders stay on the sidelines or attempt extreme short positions to catch the downward inertia, exercising caution when chasing the short side. If the price remains above the 3530-3520 range without breaking below, a short-term stabilization or minor rebound may be attempted from lower levels, but only with confirmation from abnormal volume or KDJ turning points; otherwise, the bearish trend remains dominant. If accompanied by increased trading volume leading to accelerated decline, attention should be paid to signs of a bottoming out; beware of oversold counterattack, or the downtrend will continue. A drop below 3520 could lead to further extension of the correction.