Binance ETHUSDT 15m Trend Prediction

The current candlestick chart shows a clear short-term downward structure, with the price quickly retracing and then probing the lower Bollinger Band, and no signs of rebound momentum, indicating that the market is dominated by bearish pressure. The MACD bearish divergence is expanding, with DIF and DEA continuing to decline. The rebound is weak, and there is no short-term bullish divergence indicating a bottom formation, suggesting further downside potential. RSI6 is only 19, which is lower compared to RSI12 and RSI14 ranges, illustrating that the market continues to weaken in the short term with scarce buying interest. The KDJ indicator is similarly very weak, extremely oversold but without rebound signals yet. Although large institutional traders hold predominantly long positions, the active buy-sell ratio is below 0.7, indicating low enthusiasm for aggressive buying, and instead, there is passive deleveraging pressure. After the large accounts have absorbed previous long positions (ratio of 1.6), a short-term further decline is highly likely. The support level S1 is at 4364. If this level is broken convincingly, it might test S2 at 4255.56. However, the downward space is limited in the short term, and the price is expected to stabilize within the 4350-4390 zone. If stabilization is not achieved, caution should be taken for an impulsive move downward towards S2. Considering volatility and ATR, both are currently extremely low, indicating that major traders are on the sidelines, resulting in a lack of active upward moves. The technical bearish setup remains unchanged. In trading, short-term rebounds should be primarily shorted, and traders should await signals of buying interest within the support zones before observing new bullish momentum. It is advised to monitor the short-term support around 4350. If a stabilization cannot be established in the short term, further downside risks should be noted. Take profit at around 4390, and exercise caution with a break below S1, with timely stop-losses.