Binance ETHUSDT 15m Trend Prediction

ETHUSDT is currently trading near the upper Bollinger Band, with the short-term moving averages (MA5 to MA50) arranged in a bullish pattern, indicating a clear bullish trend. However, overbought indicators such as RSI and KDJ remain elevated, suggesting potential short-term correction or consolidation pressure. MACD remains in a golden cross state, indicating limited correction space in the short term. Nevertheless, momentum appears to be slowing down, so caution is advised for short-term profit-taking and capital divergence leading to sharp volatility. Large domestic traders’ holdings and active buy orders are both predominantly bullish, indicating confidence from major players. However, the overall market sentiment between bulls and bears is balancing, and there is no sole directional momentum for a breakout. Regarding support and resistance: R1=3735.0 serves as a short-term resistance, while S1=3571.05 is a strong support level. Current amplitude and volume structure support consolidation at higher levels. In the next 15 minutes, the price is expected to remain between 3690 and 3740, exhibiting high-level consolidation. If the price can effectively break through 3735, there is potential for a new high; otherwise, expect range-bound movement. Trading suggestion: Do not chase the highs at elevated levels. Focus on whether the 3690-3700 range can stabilize into support. A pullback that does not break below this zone can be used to initiate short-term long positions. If the price falls below 3690, further correction risks exist, with close attention needed on the support near 3570. Both long and short entries should have strict stop-loss measures.