Binance ETHUSDT 15m Trend Prediction

From the 15-minute candlestick chart combined with Bollinger Bands indicator, ETHUSDT is currently operating near the lower Bollinger Band. The price diverges from the MA5, MA10, and MA20 moving averages, indicating short-term continuous resistance and an inertial downward momentum. Both lines of the MACD are negative, with histogram momentum expanding to -13, demonstrating significant short-term bearish strength and trend divergence with no signs of bottoming out. RSI across all cycles are severely oversold without any recovery signals; RSI6 is only 16, breaking below multiple levels consecutively, indicating the potential for continued inertial decline. The KDJ indicator is at low levels across all lines, with J values exhibiting extreme oversold conditions and yet to turn upward, suggesting no immediate strong rebound and a likelihood of further downward testing of new lows. Although large institutional traders hold significantly higher long positions than short positions, the price has dropped rapidly, reflecting market risk of forced liquidation; large long positions may be compelled to cut losses, increasing the probability of further decline. The active buy/sell ratio is relatively low, with capital flow favoring active selling, indicating short-term selling pressure exceeds buying support. Key support and resistance levels in the short cycle show strong support at 4206; however, short-term support is not yet effectively established. The critical reference range is between 4610 and 4560; if this range is continuously broken, deeper adjustments are possible. Overall analysis suggests a cautious stance or opportunistic shorting in the short term. Until clear signs of trend reversal appear, bottom fishing is not advisable. Stop-loss can be set above MA10 (around 4686), with take-profit targets between 4560 and 4610.