Binance ETHUSDT 15m Trend Prediction

The current ETHUSDT price is 3566.73, clearly in a downtrend with technical indicators predominantly bearish. The Bollinger Bands show the price located in the middle to lower band region, with a bandwidth of 0.0456 indicating moderate volatility. The collective RSI indicator is decreasing, with RSI14 at only 32.38, entering the oversold zone but without a clear bottom divergence signal as of yet. The MACD indicators have all three lines negative, and the difference between DIF and DEA is widening, suggesting strong downward momentum. The moving average system exhibits a typical bearish alignment, with short-term MAs (MA5 and MA10) below the long-term MAs, and the price currently trading below MA5, indicating a short-term weak outlook. The KDJ indicator shows severe overselling, but the J line at 7.97 still has room to decline further. Among the DMI indicators, the negative DMI- at 30.24 far exceeds the positive DMI+ at 13.48, and with an ADX of 30.35, trend strength is relatively high. Exchange data indicates that although the large traders' long-to-short position ratio is 3.33, suggesting a bias towards bulls, the active buy-sell ratio is only 0.78, reflecting that actual market trading behavior is predominantly bearish. The 24-hour amplitude of -2.206% further reflects the current weak sentiment. Support level analysis shows S1 at 3495.16 and S2 at 3452.79. Considering the current bearish technical signals, the price may test the 3520-3550 range before potentially declining further. Risk warning: Although the technical indicators show oversold conditions, persistent downward trends can prolong oversold states. It is advisable to wait for RSI divergence signals or a rebound confirmation after price breaks key support levels before considering reverse positions. Trading suggestion: Consider short positions with light capital in the 3520-3550 range, with a stop-loss above 3580. If the price falls below the 3495 support, the target is around 3450. Close attention should be paid to whether RSI shows bottom divergence signals as an indicator of possible trend reversal.