Binance ETHUSDT 15m Trend Prediction

ETHUSDT 15-minute chart shows a structure of consolidation at high levels after an uptrend, with recent candlesticks pulling back from highs and now displaying a sideways pattern. Currently, the Bollinger Bands are converging, with a bandwidth of only 0.0147; the price is near the lower band but has not broken below, indicating effective support below. Short-term downside potential is limited, while upward movement is constrained by the upper band and previous highs. The MACD indicator shows short-term divergence, with no clear golden or dead cross signals, indicating weak overall momentum and a lack of significant volatility drivers. Both RSI and KDJ indicate stronger bearish pressure, especially the very low KDJ levels, suggesting an overextended rebound expectation. However, the probability of new highs remains low. From the perspective of long and short positions, large accounts show a clear bullish intent, with low probability of sharp declines. Nonetheless, the momentum to follow through is insufficient. The ratio of long to short accounts and active buying and selling suggest a cautious approach. Trading volume has not shown extreme expansion, reflecting neutral market sentiment. The ATR and DMI indicators also indicate limited short-term volatility, with expectations of lateral consolidation. Overall, ETHUSDT on the 15-minute timeframe is likely to range between 4655 and 4700, with a low probability of trend breakout. Focus should be on the support at the lower bound of 4655 and resistance at 4700, with ongoing battles around these levels. It is advisable to trade within the range through high selling and low buying, maintaining caution against chasing rallies or panic selling.