Binance ETHUSDT 15m Trend Prediction

ETHUSDT experienced a clear oversold rebound within the 15-minute timeframe, with volume expanding accordingly, and the candlestick chart rapidly advancing upwards. Technical indicators show high consistency indicating a bullish dominance. The Bollinger Band has broken above the upper band, combined with a significant bullish MACD histogram and moving average alignment, indicating an extremely strong upward trend in the short cycle, especially driven by continuous accumulation from major institutional investors. Although the RSI and KDJ are both in the severely overbought zone, a brief correction may occur, but the positions of longs and shorts as well as active buy-sell ratios are well above average. It is reasonable to predict that the upward momentum will continue, and reaching previous resistance zones is plausible. Support and resistance levels show S1 at 3836, which has been effectively surpassed by the current price. The short-term target first points toward the 3880-3920 area, corresponding to the dense high point zone of the previous wave, and also representing a short-term resistance band. Volume distribution shows a significant increase over the past two cycles, aligning with market turning points, indicating that major players are bottom-fishing for longs and the market sentiment is rapidly warming. Short-term trading advice: If holding short positions, close them promptly to prevent losses. Aggressive bulls can attempt partial profit-taking around 3890-3910 during a price rally. Be cautious of the risk of sudden retracement after indicators reach overbought levels (monitor whether price can stabilize below 3880). Capital and account structure data show that large investors are collectively long, with continuous inflows from main funds. The probability of a decline in the short cycle is very low, and the overall upward trend is highly likely.