Binance ETHUSDT 15m Trend Prediction

A comprehensive analysis of the current ETHUSDT market data indicates that the price is in a clear downward correction phase. From the candlestick chart, it can be seen that the price has retreated from a high point, exhibiting a oscillating downward trend. Technical indicators show obvious oversold signals: RSI6 is only 13.44, RSI12 is 30.24, both in oversold regions. The KDJ indicator further shows the J line dropping to -7.86 at the extreme oversold level, which typically suggests potential for further short-term decline. Although the MACD indicator's DIF line remains above the DEA line, the MACD histogram is negative, indicating that the downward momentum persists. The current price is below the short-term moving averages MA5 and MA10, forming a bearish alignment. Bollinger Band analysis shows that the price is currently below the mid-band, with a higher probability of testing the lower band at 3460.4. The current percentage of 0.31 indicates the price tends to move toward the lower band. Exchange data shows the active buy-sell ratio is only 0.46, suggesting selling pressure exceeds buying, and market sentiment is bearish. Although the large holder long-short position ratio is 2.79, indicating a bias toward long positions, there may be stop-loss pressures involved. It is expected that the price will continue to decline over the next 15 minutes, with a target zone of 3420-3460, corresponding to the lower Bollinger Band around 3460 and the significant support level S1 at 3463.42. Operational suggestion: Consider opening a short position near the current level, with a target price of 3430-3450, and set a stop-loss above 3530. If the price breaks below 3420, caution is advised as further descent toward support level S2 around 3403 is possible. Risk warning: Since RSI has reached an extremely oversold state, there exists a potential for a technical rebound. It is recommended to strictly control position sizes, set reasonable stop-loss levels, and avoid chasing losses. If a volume-supported rebound signal appears, close positions promptly to avoid losses.