Binance ETHUSDT 15m Trend Prediction

Comprehensive technical indicator analysis indicates that ETHUSDT exhibits a prominent weak correction pattern on the 15-minute timeframe. The current price of 3333.67 has broken below multiple short-term moving averages, with MA5 (3346.21) and MA10 (3347.38) forming resistance levels. From the momentum indicators perspective, RSI series metrics have all weakened, notably RSI12 dropping to 27.71, indicating an extremely oversold condition. There is a short-term technical rebound demand; however, the overall trend remains bearish. Bollinger Bands analysis shows that the current price is situated near the lower-mid band region, with a %b value of 0.169 indicating a bias toward the lower band. The bandwidth of 0.013 is relatively narrow, suggesting potential for a breakout trend. Combining this with the ATR volatility at 15.08, the market still has some room for fluctuation. From the capital flow perspective, the 24-hour trading volume of 474,200 coins is moderate, but the amplitude of -1.35% indicates a generally weak sentiment today. The funding rate of 0.00004051 is positive but low, reflecting weak bullish sentiment. The active buy-sell ratio of 0.845 shows selling pressure significantly exceeds buying interest. Support and resistance analysis indicates that key support levels are at S1 (3245) and S2 (3241.59), corresponding to previous significant lows. Considering current weak technical signals, there is potential for further declines toward these support levels. It is expected that ETHUSDT will continue to face downside pressure in the short term, with a target range of 3310-3330. This range aligns with the Bollinger Band lower band and supports at MA50 (3330.25). If this range is broken downward, further decline towards the strong support at 3245 is possible. Trading suggestions: Consider light short positions on rebounds to the 3350-3360 zone, with stop-loss set above 3380. If the price drops near 3315, a short-term bottom fishing could be considered, but strict position control is required. Overall, it is recommended to remain watchful, awaiting confirmation signals of oversold rebounds. Risk warning: Although technical indicators show oversold conditions, excessive bottom-fishing should be avoided unless a clear reversal signal appears. Pay close attention to the success or failure of the 3245 and 3330 support levels, as well as potential reversal signals such as RSI divergence.