Binance ETHUSDT 15m Trend Prediction

ETHUSDT is currently in a clear short-term bearish trend. Based on candlestick analysis and Bollinger Bands, the price has approached the lower band and is oscillating around this zone without a visible support level. Multiple RSI indicators have entered the oversold territory, but no technical reversal signals have emerged yet, indicating that the decline is not yet over. Short-term buying against the trend is not recommended at this time. The MACD shows bearish divergence and no signs of convergence, suggesting the bears are in control. KDJ also indicates weak momentum, making a meaningful short-term rebound unlikely. The moving average system is displaying a bearish alignment, with short-term MA across various periods suppressing the current price. Even if a rebound occurs, it will likely face resistance from medium- and short-term moving averages. Although large traders and accounts show a net long position in the data, the persistent market weakness demonstrates that the main capital is locking in positions, awaiting lower prices for buy-in or to cut losses. Volatility has not increased significantly, implying that during the decline, extreme panic has not developed. The market still has room to test lower levels. Support point S1 is around 4364. The short-term test of S1 is expected, with a risk of a breakdown. The target range is approximately 4320-4370. If S1 is broken, the probability of a quick decline to S2 (4255.56) increases. In summary, a short-term bearish bias is advised. It is prudent to wait until oversold conditions are fully released or a clear sign of stabilization appears before considering low-position entries. Avoid impulsive counter-trend rebounds. Set a stop loss above 4405; if the price breaks below S2, it is recommended to reduce positions cautiously.