Binance ETHUSDT 15m Trend Prediction

From the candlestick chart, it can be seen that ETHUSDT experienced a rapid downturn and stabilization in the short-term earlier, and although there has been some technical rebound recently, it is under pressure around 3627 and has not broken through effectively. Within the Bollinger Bands, the current price is near the lower band but has not broken below it, with bandwidth constricted to 2.3%. Short-term downward space is limited, leaning towards sideways consolidation. The MACD indicator remains significantly negative, indicating that the bearish trend is dominant in the short term, but the downward momentum is waning, with no further increased volume on the decline, making it prone to entering a consolidation phase. The RSI is in the oversold zone, but the 14- and 24-period RSIs are at 39 and 54 respectively, suggesting potential for a short-term rebound, but unlikely to sustain a continuous trend. The active buy-sell ratio and open interest data are tilted towards longs, indicating some funds are lurking at low levels, but the market has not shown strong chasing behavior, and overall sentiment is cautious. Support and resistance intervals indicate that support below 3600 is relatively strong, with R1 and the pivot in the 3650-3675 region. In the short term, sideways oscillation is expected. It is advisable to buy low and sell high within the range for short-term arbitrage opportunities. Volatility and ATR are at medium to low levels, making large short-term price swings less likely, suitable for high-selling and low-buying strategies. If the price unexpectedly breaks below the 3558 support level, consider bearish outlook; if it breaks above 3655 with volume, then a short-term bullish bias is warranted. Currently, the main approach is to wait and observe for a clearer directional move. Stop-loss recommendation: Exit when breaking below S1 (3558). Take-profit recommendation: Close at the high level near 3650-3655.