Binance ETHUSDT 15m Trend Prediction

ETHUSDT has experienced a minor rebound after a halt in decline over several 15-minute periods, with trading volume remaining stable and no signs of expansion. The Bollinger Bands are converging narrowly, with the current price above the middle band but not breaking above the upper band. Considering amplitude and volatility, a short-term pullback or correction is possible at any time. The moving average system is predominantly in a bearish arrangement. Short-term moving averages are slightly upward sloping, mainly driven by a short-term rebound. However, the MA50 and MA200 are still above the current price, indicating limited room for a rally. If a strong break above the MA50 pressure does not occur, the market is likely to continue sideways or retreat slightly. The RSI6 is in an extreme overbought condition, and the KDJ indicator’s J-value exceeds 100, both suggesting that bullish momentum is overextended and short-term risk of a correction due to overbought conditions is present. Order book and large holder position data show active long buyers, but there is a significant divergence between large holders and overall accounts. The market is in a tug-of-war state, with higher short-term risk when chasing the rally. Overall assessment indicates that ETHUSDT is highly likely to maintain oscillation within a convergence zone around the Bollinger middle band (4473) in the 15-minute timeframe. The suggested range is 4440-4505. If volume breakthroughs or news-driven factors occur, there could be upward testing of the MA50 and resistance near 4683, but a unilateral trend is unlikely in the short term. Short-term traders should focus on a strategy of buying low and selling high, being cautious with heavy positions chasing the rally. Low entries near the lower Bollinger band and support levels are advisable. Once the price nears or exceeds the upper Bollinger band or 4473, gradual reducing of positions is recommended. A sudden drop below 4440 with increased volume should alert to a new wave of bearish pressure. When a breakout occurs, promptly monitor trading volume and order book changes. If volume continues to expand, consider small position follow-up trades in the trend. The current recommended approach is to operate with light positions within the range, waiting for a genuine breakout before considering trend following.