Binance ETHUSDT 15m Trend Prediction

ETHUSDT 15m timeframe, after a significant retracement, the price is trading around 3870, with technical indicators indicating strong support in this range. From a moving average perspective, MA5, MA10, and MA20 are concentrated, demonstrating a short-term bullish arrangement but with weakening trend; MA50 and MA200 are positioned below, providing support, and are unlikely to break significantly downward. The Bollinger Bands' upper and lower bands are narrowing, indicating decreased market volatility; the trading range consolidates between 3859 and 3884; RSI is approaching the median line, suggesting that bulls and bears are temporarily balanced. MACD indicator shows a short-term correction; although no clear death cross has formed, the values have fallen from previous highs, signaling that chasing the market upward is not recommended at this point. Market funding rates are extremely low, resulting in insufficient leverage-driven trading activity; activity levels are limited. The long-short account ratio and open positions both exceed 2.7, indicating that large traders are predominantly bullish, yet active transaction data shows a neutral to mildly bearish bias, implying that short-term price movements lack a clear trend. Support area lies between 3836 and 3859, with resistance at 3884 and 4034; the market is expected to fluctuate within a neutral zone. If it breaks above 3884, a challenge to R2 is possible; otherwise, it is anticipated to remain range-bound. Overall, it is advised to adopt a wait-and-see stance in the short term, with a focus on buying low and selling high. If the price retraces to the lower support zone, consider entering a light position; upon breaking above resistance, consider adding to positions. The stop loss is recommended below 3836; take profit targets are 3884 or the upper boundary of the range. Current candlestick chart indicates sideways consolidation, with trading volume remaining low and low volatility. Prioritize position control and capital safety; patiently wait for clear breakout signals before increasing positions.