Binance ETHUSDT 15m Trend Prediction

From the 15-minute timeframe, ETHUSDT has experienced a slight upward movement recently, followed by a clear short-term pullback. The Bollinger Bands lower band is around 3887, and the current price has already touched or slightly broken below it, indicating that the bulls' defense line is under pressure. The MACD indicator has weakened, with dif and MACD values remaining negative. The short-term moving averages still suppress price rebounds, suggesting a high probability of further downward inertia. Both RSI6 and RSI12 are below 40, indicating market oversold conditions, but no clear signs of stabilization are present, implying that short-term momentum is largely exhausted and more time is needed to gather strength. The KDJ indicator shows weakness, with the J value only at 6, which typically indicates extreme weakness or near oversold rebound conditions. However, combined with ineffective stabilization in MACD and price action, even a weak rebound in the short term is unlikely to result in a rapid increase. Regarding support and resistance, R1 is at 3926, which is relatively distant from the current price. Downside support is at S1 near 3711, and the short-term support band is between 3830-3880, indicating weak support levels. The active buy-sell ratio and trading volume show dominance by sellers, and there has been no significant volume spike on rebounds, reflecting hesitation among bulls. The long and short positioning structure is skewed towards longs, but major traders have not exerted significant effort, and the market sentiment remains bearish. It is expected that within 15 minutes, there could be a continued inertial correction with limited downside, with fluctuations contracting within the 3865-3890 range as a wait for resonance signals. Trading suggestion: Do not chase shorts in the short term. If the price drops below 3865, consider entering with a small long position to target a minor rebound, with a stop loss set below 3855. If the price stabilizes and double-bottom signals appear in RSI and KDJ, attempt to catch a rebound; otherwise, maintain a wait-and-see stance.