Binance ETHUSDT 15m Trend Prediction

From a technical analysis standpoint, ETHUSDT is currently in a clear downward trend. The price has significantly recoiled from high levels near 3650 and is now consolidating around 3475.62, but downside pressure remains substantial. Bollinger Bands analysis indicates that the price is positioned below the middle band, with a %B value of 0.359392 suggesting a tendency toward the lower band. The bandwidth of 0.023715 is relatively narrow, implying a possible directional breakout. Although the MACD indicator shows a slight golden cross signal (MACD histogram at 2.2219), both DIF and DEA are negative and sizable, indicating an overall bearish trend. This golden cross may represent a weak rebound signal. The RSI indicator is weakening across the board, especially with RSI24 at only 37.3059, reflecting a significant lack of medium-term momentum. RSI14 at 45.5207 is also below the neutral line, reinforcing a bearish outlook. Most critically, the DMI indicator shows DI+ at only 8.9283 and DI- soaring to 22.6479, with a wide gap between them. Additionally, the ADX is high at 37.1622, indicating a very strong and possibly persistent downward trend. The moving average system exhibits a typical bearish alignment, with the price breaking below short-term support lines and a wide gap from the long-term MAs (MA50 and MA200), necessitating time for technical repair. In terms of capital flow, the active buy/sell ratio is 0.8077, below 1, indicating that selling pressure significantly outweighs buying pressure at this stage. Although the large trader long-short ratio of 2.7226 suggests a leaning toward long positions, this may involve trapped funds, making short-term support unlikely. Support level analysis shows S1 at 3423.22, which is an important short-term support zone. Based on current technical indicators and trend analysis, prices are expected to test this region. Overall, considering the predominantly bearish technical outlook, it is advised to focus on the 3420-3450 range. If support at 3420 is broken, the price could further decline toward 3356.74 (S2 level). Trading strategies should wait for technical indicator correction before considering bottom-fishing opportunities.