Binance ETHUSDT 15m Trend Prediction

ETHUSDT has been continuously declining over several periods, with the 15m candlestick chart displaying a bearish trend. The price frequently probes new lows, and trading volume has increased during the decline, indicating panic selling pressure and dominance of active short positions. The current moving averages are arranged in a bearish configuration without any signs of reversal. The Bollinger Bands' middle and lower bands indicate that the downward trend persists, and the price has not yet touched the support zone, leaving room for further decline. Only some long positions are actively buying, but the volume is insufficient to reverse the price movement. The funding rate remains negative, implying rising holding costs and a more pronounced short trend. Although the MACD histogram below has contracted slightly, there has been no bullish crossover, indicating weak short-term rebound signals. The KDJ indicator shows an elevated J value, but this does not signify a reversal. Combined with the RSI remaining low, this suggests dominant selling pressure, and the price may continue to test lower support levels in the short term. Volatility and ADX readings confirm that the current trend is strong. The DMI- is significantly higher than DMI+, and while both trading volume and turnover have increased, no stabilization has occurred. Support and resistance levels have not been effectively established, and the price is expected to continue testing the lower Bollinger Band and recent lows. Based on candlestick patterns and technical indicators, it is predicted that ETHUSDT will continue to oscillate downward over the next 15 minutes, with a target range of 3730-3755 USDT. Short sellers can hold their positions, but longs should avoid reckless bottom fishing in the short term. Any reversals should wait for volume-supported buy signals and a clear stop in falling prices.