Binance ETHUSDT 15m Trend Prediction

ETHUSDT has maintained an overall upward trend over a period of time. After a recent correction below 3700, it entered a lateral consolidation phase, with the Bollinger Bands converging and the price hovering around the middle to lower band. The downward room is limited, but no effective rebound has occurred. The MACD indicates short-term bearish dominance, but the momentum is weakening, suggesting the decline is gradually losing strength. Multi-timeframe RSI and KDJ both show that the short-term are approaching oversold zones, but have not stabilized completely, possibly requiring further oscillation to repair the indicators. The moving average system is currently densely intertwined, lacking clear guidance. The market's short-term trading direction remains to be confirmed. Account large-holder position indicators show that some funds are inclined towards a bullish stance. However, the market has not responded with a significant rise, with moderate volume indicating that major funds have not entered on a large scale. Support and resistance ranges are clearly defined, with the current price constrained between S1 (3598.74) below and R3 (3692.3) above. Resistance at higher levels is obvious, while there is some support at lower levels. Overall, ETHUSDT on the 15-minute timeframe is likely to continue oscillating within the 3640-3695 range over the next cycle. In the short term, it may probe the lower support, with room for minor rebounds and corrections, but there is no effective breakout momentum. A range trading strategy of buying low and selling high is recommended; chasing upward price movements or selling at peaks is not advised. If trading volume suddenly expands later, it is recommended to quickly monitor the breakout direction. If the price falls below 3640 or rises above 3695, follow the trend accordingly. Currently, the market should be treated as oscillatory, with emphasis on position control.