Binance ETHUSDT 15m Trend Prediction

ETHUSDT has experienced a strong decline within the most recent cycle, evidenced by dense large bearish candlesticks on the 15-minute chart, with volume simultaneously increasing, indicating tip-over of bullish buyers and dominance by bears. All technical indicators are in oversold conditions, with key moving averages breached; MACD and KDJ are both aligned bearishly, showing no signs of bottom divergence or stabilization, suggesting a high probability of short-term further downside support exploration. The lower Bollinger Band (4362.89) has been compromised; based on current volume, downside potential has not been fully realized. The rational support zone is between S1 and S2 (4255.56 to 4164.23). However, initial short-term resistance should be maintained above 4320. Despite a slightly bullish overall long-short position ratio, it has failed to provide price support mainly due to weak technicals. Additionally, the active buy-sell ratio is relatively low with a slight excess of long and short accounts, indicating divergence; nonetheless, the high long-short holdings ratio among big players may be a passive squeeze scenario. Vibration amplitude of -3.73% indicates significant recent decline, with price structure collapsing rapidly, likely indicating inertial bottoming. High ADX (42.47), combined with a strong DMI- signal, suggests a trend continuation rather than short-term oscillation. Volume supporting the ongoing price decline indicates selling pressure has not yet dried up, and downward support zones have not emerged. Conditions favor stabilization in the 4270-4320 range; without increased volume reversal, further decline remains likely. It is recommended for short-term trend traders to remain cautious or follow the trend towards short positions. Without signs such as MACD convergence at low levels or bottom divergence in KDJ, do not consider aggressive bottom fishing, and adhere strictly to stop-loss management.