Binance ETHUSDT 15m Trend Prediction

ETHUSDT within the 15-minute cycle, the price has broken below the lower Bollinger Band, with technical indicators all indicating an extremely bearish trend, MACD showing a death cross and rapidly deepening histogram, indicating explosive downward momentum. The three lines of KDJ are in an extreme oversold condition, with the J-line negative, suggesting that the downtrend has not yet stabilized, and there is still inertial selling in the subsequent period. RSI across all periods is below 20, indicating limited space for a short-term technical rebound, dominated by a bearish trend; the overall moving averages are arranged in a bearish configuration, with all main moving averages above the price forming resistance. The DMI clearly indicates a strong bearish trend, with a high ADX, suggesting the trend remains strong. Although funding rates and long positions are slightly dominant, the technical structure of the market is extremely bearish, and the large traders’ holding ratio may be set to induce a false breakout with short positions causing a sell-off. The support level S1 is at 4255.56, with a short-term target range selected between the current price and the previous support zone (4350-4420). If the volume continues to decline, S1 may be tested. Volume analysis shows increased volume during recent declines, and it is possible that persistent selling pressure could reach the support levels in the future. Short-term trading advice is to cautiously follow the bearish trend; consider waiting for a rebound to the MA5 line (around 4497) to partially take profits, with stop-loss suggested just above the middle Bollinger Band (around 4585). Avoid blindly bottom-fishing; it is better to trade in accordance with the trend.