Binance ETHUSDT 15m Trend Prediction

The current ETHUSDT larger cycle experienced a prior surge and retracement, with a typical short-term downtrend observed. From the 15-minute K-line chart, a continuous appearance of numerous bearish candles is evident, accompanied by increased trading volume, indicating dominant market selling pressure. The MACD has a substantial downward movement, with the DIF and DEA both negative, and the divergence is intensifying, showing no signs of a short-term bottom yet. Multiple RSI datasets are extremely oversold (RSI6 only 18), and the KDJ J-value has hit an all-time low, indicating severe short-term overselling. However, no clear rebound signal has emerged in the market. Attention should be given once oversold conditions begin to recover. The Bollinger Bands are narrowing, with the price approaching the lower band and percent_b negative, suggesting the lower band support is being tested. A breach below could entail further downside risks. Although large holders' positions are relatively long, active buy-sell ratios are very low, and the overall trading atmosphere remains bearish, indicating weak buying intent. DMI and ADX continue to indicate a predominant bearish trend. Regarding support and resistance levels, S1 (4364) offers short-term support. The downside potential appears limited; barring extreme panic, the price might find stage support around 4364 in the short term. In terms of operation, currently it is not an optimal time to establish long positions; await further confirmation. If the price retraces to 4364 without breaking below, consider a small, light long attempt for a rebound. If support is broken, downward space should be monitored carefully. For existing short positions, gradual profit-taking or holding off is advised.