Binance ETHUSDT 15m Trend Prediction

The current ETHUSDT 15-minute chart exhibits obvious short-term correction characteristics. The price has just experienced a sharp decline followed by oscillations downward, with all moving averages forming a death cross. MA5 and MA10 are both below MA20, indicating recent significant moving average resistance. The Bollinger Bands show the price operating near the mid to lower band, with no strong support at present. The price is expected to test towards the lower band at approximately 4480. Both MACD and KDJ are in weak territory, showing no golden cross or reversal signals in the short term. The price is unlikely to rebound effectively, maintaining a short-term bearish pattern. The RSI across multiple timeframes is in the low zone but has not yet stabilized significantly. Combined with increased amplitude and rapid volume expansion, caution is advised for potential further support breakdown. On the bullish and bearish indicator side, large holder positions lean towards long, but capital distribution is concentrated. Coupled with a relatively low active buy-sell ratio, there is a risk of accelerated decline. Regarding support and resistance levels, in the short term, S1 at 4255.56 and the lower Bollinger Band at 4497.74 serve as potential levels of support. It is anticipated that the price will test the lower boundary of 4480-4530 first, with possible stabilization thereafter. Operationally, it is recommended to adopt a wait-and-see approach or mainly short positions. If signs of a breakdown appear, consider lightly following the trend, setting stop-loss near 4590 — around the middle Bollinger Band and MA20. Take-profit targets should be set between 4480 and 4500. If the price breaks lower, aim for S1. Overall assessment: the short-term bearish trend is clear, and rebounds are not yet confirmed. Caution is advised to primarily short, with a target zone below at 4480-4530, confidence level high.