Binance ETHUSDT 15m Trend Prediction

Currently, ETHUSDT is in a clear downtrend, with technical indicators showing a comprehensive bearish signal. The RSI indicator group exhibits widespread overselling, but considering the inertia of the downward trend, it is anticipated that there may be further decline in the short term. The Bollinger Bands show that the price has approached the lower band at 3517.37 but has not yet broken through, and it is expected to continue moving toward the lower band. Combining this with the support level S1 near 3500, this will be an important support zone. Although the KDJ indicator has entered the oversold region, the J line remains low, indicating insufficient short-term rebound momentum. A technical rebound may only occur after the indicator further weakens. From a volume perspective, the 24-hour trading volume is relatively active, but the active buy-sell ratio of 0.847 indicates that selling pressure remains heavy, and the bulls currently lack effective counterattack capacity. The large traders' long-short position ratio is 3.1473, which is somewhat bullish. However, considering the current comprehensive bearish technical outlook, there may be some large traders positioning against the trend. Short-term downward risk should still be monitored. It is expected that the price will continue to decline within the 3500-3520 range, which is a key support zone including the S1 support level at 3500 and the vicinity of the lower Bollinger Band. Operational suggestion: do not attempt to bottom fish at this stage. Wait until the price dips to near 3500 support level and observe whether there are clear volume-price reversal signals. Stop-loss can be set around 3480, and take-profit in the resistance zone at 3560-3580. Risk reminder: although multiple indicators show overselling, in a strong downtrend, overselling may persist for a longer period. It’s advisable to wait for clear reversal signals before considering going long.