Binance ETHUSDT 15m Trend Prediction

Based on the current candlestick trend and technical indicators, ETHUSDT has experienced a rapid pullback after recent upward movement, currently hovering near the lower Bollinger Band. The Bollinger Bands are narrowing, which often indicates an imminent decision on direction, but there remains downward pressure at the lower boundary. The MACD shows a strong bearish momentum signal; however, there is no evidence of divergence or a golden cross forming, indicating the dominance of the bears and suggesting that short-term inertia may persist. The RSI readings across various periods indicate oversold conditions, implying potential rebound demand. Nonetheless, due to the extreme low levels of the indicator, static backtesting shows a tendency for inertial declines towards strong support levels below. The KDJ indicator is in a low position and continues to weaken, clearly showing a short-term weakening of both bullish and bearish forces; major players have yet to significantly enter the market. The active buy-sell ratio is below 0.65, with the number of bullish and bearish accounts less than 1. Under market disagreement, overall trading enthusiasm is suppressed. Coupled with declining volume, this favors further inertial downward movement. Although large institutional positions show a bullish-to-bearish ratio above 3, indicating some intent by major funds to position long, distribution remains concentrated; retail follow-through is weak, and counter-trend forces are limited, with the bearish trend remaining dominant. Support levels are at S1 (3636.78) and S2 (3598.74). If these are broken, the price may revisit these levels or pull back to these areas, suggesting a near-term decline towards the 3770–3805 range to find a bottom, after which a slight rebound could be possible for corrective adjustments.