Binance ETHUSDT 15m Trend Prediction

Comprehensive analysis of ETHUSDT current technical indicators shows an obvious downward market trend. The price has broken below the middle band of the Bollinger Bands, approaching the lower support band, indicating heavy selling pressure. All RSI indicators are in oversold territory, particularly RSI6 at only 19.03, demonstrating significant short-term selling pressure. The MACD indicator exhibits a typical bearish signal, with both DIF and DEA being negative and showing a substantial difference. In the KDJ indicator, the J value is only 6.07, far below the traditional oversold line of 20, indicating extreme pessimism in market sentiment. The DMI indicator confirms the validity of the downward trend, with bearish forces holding an absolute advantage. Although the long-short position ratio and the number of accounts suggest that large traders are somewhat inclined to buy, the consensus bearish signals from the technical analysis are more reliable. Current volume is moderate but lacks significant bottom-fishing capital intervention. Support level analysis indicates that the first support S1 at 3498.1 is also a recent critical support zone. If this level is broken, the price may further decline to S2 at 3363.82. Short-term trading recommendations primarily favor short positions, with target prices set between 3498 and 3533. Entry points can be near current prices of 3530-3535, with stop-loss set around the middle Bollinger Band at approximately 3589. Risk warning: Although technical indicators show oversold conditions, in a strong downtrend, oversold states may persist for an extended period. It is advisable to strictly control positions and set reasonable stop-loss levels. If the price breaks below the support level at 3498 and stabilizes, additional short positions may be considered, with targets around 3460-3480. However, close attention should be paid to volume changes to beware of potential oversold rebounds.