Binance ETHUSDT 15m Trend Prediction

Comprehensive technical indicator analysis indicates that ETHUSDT is currently in a pronounced downtrend. The current price at 3471.58 has broken below short-term moving average support, is positioned below the middle band of the Bollinger Bands, demonstrating that the bears are dominating the market. The RSI indicator shows an oversold condition across multiple timeframes, but in a strong downtrend, oversold levels may persist. The MACD indicator remains in a death cross, with DIF and DEA both negative and continuing to diverge, confirming that the downward momentum is still present. The DMI trend indicator is most critical: DMI- has reached 27.6371 while DMI+ is only 7.9647, combined with an ADX strength indicator of 35.2768, indicating that the current phase is a strong bearish movement with bears holding dominant control. From the candlestick pattern perspective, the price has experienced a retracement from the previous high above 3600 and is currently seeking new support levels. The Bollinger Band bandwidth of 0.034822 indicates moderate volatility. Although large traders' position ratios suggest a bullish sentiment, the active buy-sell ratio at 0.9146 is below 1, implying that current trading volume faces greater selling pressure, with capital flowing out. Support and resistance analysis shows a key support level around S1 at 3400.34, which coincides with the lower Bollinger Band at 3441.43, forming a support zone. It is expected that the price will continue to decline toward the 3400-3450 range to find support, as this zone previously served as an important support level and is close to the lower Bollinger Band. Trading suggestion: Consider entering a light short position on rebounds near 3500, with a stop-loss set above 3520, aiming for a target zone of 3400-3420. Prioritize risk management and strictly execute stop-loss orders.