Binance ETHUSDT 15m Trend Prediction

Comprehensive technical analysis indicates that ETHUSDT is currently in a clear downtrend. The price of 3590.35 has broken through multiple key moving average supports, particularly MA5, MA10, and MA20, forming a bearish alignment. The MACD indicator shows negative values across the board with the histogram bars continuously expanding, indicating the downward momentum continues to strengthen. Although RSI6 and RSI12 have entered oversold zones, RSI14 remains in a neutral position, suggesting the downside may not have been fully exhausted. Bollinger Bands analysis reveals that the current price is below the middle band and trending toward the lower band. The Bollinger Band width is relatively narrow at 0.011068, but the price percentage is only 0.127, indicating the price is operating within the lower half of the band and downward pressure persists. KDJ indicator shows that the J line at 11.53 is far below the K and D lines, forming a typical bearish divergence, which may lead to further short-term lows. Trading volume data shows a higher 24-hour volume, but the amplitude of 4.011% is moderate, indicating an orderly decline in the market. From support and resistance perspectives, the key support level S1 is at 3418.42. In the short term, the price may first test the Bollinger Band lower support around 3584.97. Given the current overall bearish technical indicators, it is expected that the price will continue to decline to the 3560-3580 range. Capital flow data indicates that the active buy-sell ratio is slightly bullish at 1.063, but the large trader long-short position ratio of 2.93 suggests large traders are leaning bullish. This contrasts with the current bearish signals from technical analysis and may lead to short-term volatility, although the technical bearish outlook remains clearer. Trading recommendation: Consider shorting at the current level with a target range of 3560-3580. Set stop-loss near 3625 (the upper Bollinger Band). Profit-taking can be staggered at around 3580 and 3560. Risk warning: Despite the bearish technical signs, RSI has entered an oversold region, so be alert to a potential short-term rebound. The large traders' bullish positioning may provide support at key levels. Operate with strict position and stop-loss controls.