Binance ETHUSDT 15m Trend Prediction

After a strong upward movement in ETHUSDT in the short term, recent price action shows a rapid pullback, with the current price approaching the lower band of the Bollinger Bands. The bandwidth of the short-term Bollinger Bands has narrowed, and the distance between the upper band and the middle band has significantly contracted, indicating a bearish market sentiment. The MACD in the short cycle has shifted from positive to negative, with a clear death cross, indicating a predominantly bearish short-term atmosphere. RSI6 is heavily oversold, but RSI12 and other medium-term RSI indicators still do not show signs of oversold correction, suggesting potential further downward inertia. Combined with the KDJ lines resonating downward, momentum shows signs of rapid volume-driven decline. From a fund flow perspective, active buying is somewhat predominant, but the number of long and short accounts remains bearish, suggesting continued selling pressure in the market. Notably, large account holdings are unusually skewed towards longs; this may indicate large investors absorbing or manipulating the market, or they could be executing sell-offs. Overall, there is a probable risk of further testing below short-term support levels. Moving average analysis indicates that the price has broken below the MA10, MA20, and MA5, moving closer to the MA50 (which is at 4657.38). If the short-term price falls below 4657.38, the next support level to watch is around the ATR-referenced zone at 4610. Short-term trading strategy: Currently, the momentum is clearly weak, indicating that bottom-fishing is not advisable. If the price breaks below 4657.38, it is expected to revisit the 4610-4645 zone within the next 15 minutes. Should it break below this zone, risk control measures should be strictly enforced. If support holds in this range, observe the subsequent rebound strength. In the event of a rapid increase in volume or unusual capital movements, it is highly likely to touch the S1 support area. A light position with quick entries and exits is recommended, with a stop-loss suggested below 4600 to prevent risks of sudden volume-driven breakdowns.