Binance ETHUSDT 15m Trend Prediction

ETHUSDT exhibited a strong rally over the previous cycle followed by high-level consolidation. The MACD remains in positive territory supporting bullish momentum, but overbought signals are prominent. The price is approaching the upper Bollinger Band and key resistance zone, indicating limited short-term upside potential. The candlestick pattern shows a retracement after the main upward wave, coupled with abnormal trading volume, suggesting that the primary funds may have exited partially. Short-term funds display a cautious stance. The KDJ and RSI indicators are at severely overbought levels, warning of a potential profit-taking correction. The ratio of long to short positions and large account holdings remains relatively skewed toward the bullish side. However, active market buying and selling are trending towards equilibrium, implying that short-term momentum is waning. The market is mainly consolidating or oscillating around high levels. Price has not yet effectively broken through the key resistance at 4714 and the amplitude has decreased, indicating a tendency for short-term consolidation. The target zone is between 4570 and 4630. Future price movement depends on subsequent capital influx and major trader activity. Short-term strategy suggests observing or engaging in light trades within the range. Avoid blindly chasing longs in deeply overbought regions. If the price falls below the support at 4480, caution is warranted for rapid downside correction. Stop-loss is recommended at 4470, and take-profit around 4630. The preferred trading approach is high selling and buying on dips within a short timeframe, awaiting clearer signals before entering new positions.