Binance ETHUSDT 15m Trend Prediction

From the candlestick chart, after a rapid increase in the early stage, the market is now entering a sideways consolidation phase with a high-level decline; trading volume has not significantly increased, indicating short-term bullish momentum is weak, and the bears are controlling the short-term trend. The current price has broken below the 20-day moving average and the middle band of the Bollinger Bands; the short-term moving averages are generally arranged in a bearish pattern. If the price cannot quickly recover the 4733-4735 zone, a further short-term decline is possible. Both MACD signal lines are negative and diverging downward, with the histogram not weakening, indicating the downtrend is still in progress. The RSI6 is in oversold territory, but with no volume increase in buying interest nearby, the rebound remains weak. The KDJ indicator is at a low level with stagnation; in a weak market, without significant volume increase, the rebound is limited, making it difficult to swiftly reverse the bearish trend. The active buy/sell ratio and funding rate are in a conservative and low zone, suggesting market sentiment is cautious and biased towards the downside; although large traders' long positions are slightly dominant, overall buying is passive and defensive. In the short term, support levels are at 4706 (S1) and 4662 (S2). If S1 is broken, it is expected to further swiftly test S2. Only if the price recovers above S1 might an oversold rebound occur. Overall assessment indicates a bearish trend over the next 15 minutes. Focus should be on the break of S1 and S2 and volume changes. If S1 is lost, vigilance against inertial downward movement is necessary. Under the dominance of bears, rebound strength is limited; aside from quick volume-driven bottom fishing, blind buying is not recommended.