Binance ETHUSDT 15m Trend Prediction

Combined indicators, ETHUSDT is currently in a weak correction phase following a market pullback. The price is near the lower Bollinger Band, with the middle band and all short-term moving averages exerting resistance above, indicating that the short-term bears still dominate. The RSI6 has fallen to a very low level without a reversal signal; even if there is a short-term rebound, it is still difficult to quickly reverse the bullish downward trend. Although the MACD shows a small golden cross, the momentum of the larger timeframe bearish trend has not been significantly weakened, only indicating a slowdown in the decline rather than a trend reversal. The KDJ lines have dropped significantly, showing no signs of a short-term oversold reversal; participating in a long position entails higher risk. The DMI indicator also clearly suggests a dominance of the bears, coupled with still high market volatility, indicating further downward risk. Despite the long and short positions of major traders both indicating bullish dominance, the active buy-sell ratio remains relatively weak, and the short-term trading volume has not shown significant changes, suggesting that main market players are not aggressively entering long positions. Caution remains the primary stance in the short term. Overall, it is expected that ETHUSDT will continue to fluctuate downward in the next 15 minutes, with the target range around 4080-4110. If it falls below 4080, it will directly test the S1 support level at 3974.24. If there are signs of divergence or volume spike rebounds, then consider attempting a rebounce. Currently, a wait-and-see approach or short-term trend-following short positions are recommended, with attention to support levels to prevent extreme steep drops triggering rebounds.