Binance ETHUSDT 15m Trend Prediction

ETHUSDT 15-minute cycle current price has touched the upper band of the Bollinger Bands, and multiple short-term indicators such as MACD, RSI, KDJ all show obvious overbought conditions. The short-term bullish momentum is converging, making it difficult to further break through resistance levels rapidly, and it is prone to entering a range-bound oscillation. Examining historical candlestick structures, after consecutive rises, there is inertia with volume expanding at high levels; however, the latest volume does not show sustained breakthrough, indicating the bulls' attacking strength has not further strengthened, supporting a sideways consolidation view. The distribution of long and short positions is highly polarized: large account holders maintain high long positions, while retail and ordinary accounts show a bias towards short positions. The current price level lacks the momentum for a strong upward push or downward drive, resulting in market sentiment stalemating and a tug-of-war. ATR stands at 19.08, indicating low volatility. Coupled with narrowing Bollinger Bands and decreasing MACD red histograms, it is expected that ETHUSDT will not significantly break previous highs within the next 15 minutes, with oscillation within a range being predominant. The overall trend remains bullish, with moving averages diverging in a bullish arrangement. However, the short-term rapid price increase, overbought indicators, and the main force's profit-taking intentions suggest that high-level profit absorption will occur, likely leading to a narrow sideways consolidation. For short-term trading suggestions, avoid chasing rallies. Focus on opportunities within the 4300-4345 range, primarily engaging in buying low and selling high. If an unexpected breakout above 4345 occurs, consider going long; if the price falls below 4300, adopt a short-term defensive stance. Stop-loss reference: reduce positions upon breaking below the middle band of Bollinger Bands (4299.79) or the 20-period moving average (4299.79). Take profits gradually within the R2-R3 zones.