Deepredict
Sideways
Confidence Level: 73%
Target Price
3600-3660
Mark Price
3637.8
Actual Price
3628.29
Prediction Result
ETHUSDT short-term shows a rapid increase, with the current price at 3637, very close to the Bollinger Band upper band at 3640. The candlestick chart indicates that after a brief surge, market momentum begins to diminish, and the 15-minute timeframe may shift into a sideway correction at any moment. Multiple overbought signals (such as RSI6, KDJ J value) suggest that short-term market sentiment is relatively heated. Large holders are holding more, but the account distribution is uneven, indicating dominant players control the market but lack broad follow-through, which may lead to brief consolidation or shakeout trends. Although MACD remains positive and retains some bullish inertia, the price has already diverged from most short-term moving averages. Without an effective breakthrough of the R1 resistance at 3735, the probability of a high-level consolidation is greater than a direct breakout. Intraday, it is advisable to monitor the 3600 level (S1 support). If not clearly broken downward, focus on maintaining a range-bound movement between 3600 and 3660. Under the premise of bullish capital and market structure, during pullbacks, one may wait for support stabilization to consider low-cost entries; however, chasing high is risky. The directional assessment indicates a consolidation pattern. If short-term overbought conditions are digested and prices break below 3600, secondary support should be watched around 3540. Conversely, a strong volume-driven breakthrough above 3660 could test the 3728-3735 range. Strategic advice: Currently, we are in a critical phase of overbought correction. It is better to wait for a pullback to initiate long positions. Short-term, focus on high and low buying and selling, with stops below S1 for safer protection. Take profit focus on the Bollinger Band upper band resistance. Based on multi-indicator analysis and order book positions, within the 15-minute cycle, prices are unlikely to directly break new highs, expected range is between 3600 and 3660, with limited swings. Participation during pullbacks has higher success chances.
Used Model
gpt-4.1
Prediction Date
Aug 06, 2025 15:01
Prediction ID
binance-ethusdt-15m-forecast-2025-upd2217
Disclaimer: This prediction is for reference only and does not constitute investment advice. The cryptocurrency market is high-risk; invest with caution. Past prediction results do not guarantee future performance.