Binance ETHUSDT 15m Trend Prediction

From the candlestick chart trend, ETHUSDT formed an obvious seasonal high near 3620 before starting to fall back, and the current price of 3605.31 has broken below short-term support, indicating that a correction trend is forming. Comprehensive technical indicator analysis shows weak characteristics: RSI6 at 17.77 is in the extremely oversold area, suggesting a rebound possibility, but RSI12, RSI14, and RSI24 are all hovering around 50, lacking strong reversal signals. Although the MACD indicator shows that DIF and DEA are both positive, the MACD histogram has turned negative, indicating diminishing upward momentum and a likely continuation of correction in the short term. The Bollinger Bands show the price moving toward the middle-lower band, supporting a downward expectation. From the moving average system perspective, the price has fallen below the MA50, though it remains above the MA5, MA10, and MA20, but these short-term moving averages are beginning to flatten, losing clear bullish support. In terms of market sentiment, although large holders' long-short positions ratio of 2.91 indicates a bullish bias, the active buy-sell ratio of 1.15 is not strong, coupled with a 24-hour amplitude of 5.446% indicating increased market volatility, suggesting a higher probability of short-term correction. Support and resistance level analysis: the recent support at S1 is around 3383.51, but this level is quite distant. From a technical pattern perspective, the 3590-3600 region is an important recent support zone, and the price is expected to decline toward this area. Trading suggestion: It is not advisable to chase long positions at the current level. Wait for the price to correct back to the 3580-3590 range to look for support before considering long opportunities. Set stop-loss near 3570, with targets at the 3620-3630 resistance zone. Risk warning: Although RSI6 has reached an oversold state, during a trend correction, oversold conditions may persist. Pay attention to trading volume: if the decline occurs on increased volume, the correction may deepen; if on decreased volume, the rebound probability increases.