Binance ETHUSDT 15m Trend Prediction

ETHUSDT on the 15-minute timeframe experiences a complete technical correction after a sustained rally: the MACD exhibits a death cross with negative values rapidly expanding, indicating ongoing fund outflows, multiple attempts to probe the lower Bollinger Band and short-term support levels. RSI and KDJ are in extreme oversold regions; while short-term rebounds are possible, signs of stabilization at the bottom have not yet appeared, especially as trading volume has not shown abnormal expansion, indicating a lack of strong buying bottoms. The price has broken below all short-, medium-, and long-term moving averages, indicating the complete capitulation of bullish defenses and short-term pressure. Although the holdings of major players still favor the bulls, under the downward market trend, the battle between bulls and bears is mostly transient, with bears currently dominating. Currently, support levels are at S1: 4461.44, S2: 4455, with an extreme support at 4451. The price is likely to find a short-term bottom and trade sideways within the 4450-4515 range. If trading volume remains without significant increase, initial signs of stabilization may emerge within this zone. In summary, numerous technical indicators (MACD, RSI, KDJ, moving averages) point to a bearish outlook, suggesting continued short-term price decline. Only ultra-short-term traders are advised to cautiously buy on dips, while mainstream positions should wait for clear signals of stabilization and reversal before participating, with strict stop-loss below 4450. Trading advice: continue holding bearish positions or increase short positions on weak rebounds, aiming to take profits within the 4450-4515 range. Stop-loss should be placed above the Bollinger middle band or the MA20 (4602.09). Risk warning: Overly oversold conditions may trigger minor technical rebounds, but no reversal signals are present yet.