Binance ETHUSDT 15m Trend Prediction

ETHUSDT current 15-minute cycle, after a decline with consecutive bearish candles but converging retracement; the price is near the lower Bollinger Band. The MACD still shows a death cross structure, but the downward momentum is weakening. RSI and KDJ indicators are close to oversold zones, indicating limited short-term downside space and a potential rebound toward the median line. Main capital flows and large account holdings show bullish dominance, but K-line and moving average arrangements still indicate weakness, suggesting a tug-of-war between bulls and bears. Short-term strong trends are unlikely, likely resulting in oscillation and accumulation within the 3550-3650 range. Support zone is around 3590-3600. If the short-term bears fail to break this zone, support is likely to hold. Resistance is concentrated near the middle Bollinger Band at 3626 and the 3620-3640 region, thus a range-bound strategy is prioritized. Overall technical outlook is short-term bearish, but approaching oversold levels increase the probability of stabilization in the near term. It is advisable to observe or operate within low buy-high sell zones without blindly chasing short positions. If there is further volume expansion, monitor for a valid support breach below 3600 or a rebound correction in the 3610-3640 zone. Extreme stop-loss can be set below S1 at 3598. A breakout warrants caution for short-term continuation of the decline. The first resistance reference is around 3640-3650; strong resistance at R3 is near 3690. Funding rates are slightly positive, currently no significant extreme skew in market funds, suggesting short-term mainly flexible range oscillation.