Binance ETHUSDT 15m Trend Prediction

From the candlestick chart trend analysis, ETHUSDT has undergone a deep retracement and has recently exhibited a clear upward trend. The price has successfully broken through the key resistance level of 3600 and is now stabilizing above the 20-day moving average (MA20), indicating that bullish momentum is currently dominant. Regarding technical indicators, the Bollinger Bands width of 0.03 suggests moderate volatility, with the price positioned in the upper middle band region, leaving room for upward movement. The combined RSI indicators show that the short-term RSI12, while relatively high, remains in a healthy range alongside the mid-term RSI14, indicating that the upward momentum can be sustained. Although the MACD histogram is negative, the DIF line has begun to cross above the DEA line, forming a potential golden cross signal, implying that bullish momentum is accumulating. Such divergence often indicates a trend reversal. Most critically, the ADX is at 52.39, far exceeding the threshold of 25 for a strong trend, complemented by the DMI+ significantly surpassing DMI-, confirming that the current trend is a strong bullish one. This strong trend state is typically sustainable over a period. Market sentiment and capital flow data also support a bullish outlook. The large trader long-short ratio of 2.76 indicates substantial institutional favor towards long positions, while the active buy-sell ratio of 1.16 shows ongoing buying pressure. The 24-hour trading volume exceeds 13 billion USDT, reflecting high market participation. From support and resistance analysis, there are no obvious resistance levels above, providing room for price appreciation. The support level at 3404.93 is relatively distant from the current price, offering a sufficient safety margin for bulls. Based on a comprehensive technical analysis of the 15-minute timeframe, the price is expected to continue rising toward the 3650-3680 range. This target is derived from the upper Bollinger Band (3656.41) and calculations considering technical retracement space. Risk warning: Although multiple indicators support a bullish outlook, the RSI12 has reached a high of 78.57. If the breakout fails, a short-term correction may occur. It is advisable to consider entering on dips within the 3610-3620 range, with a stop loss at 3580, and target the 3650-3680 region.