Binance ETHUSDT 15m Trend Prediction

ETHUSDT has shown a clear retracement over the past two trading days, with the price dropping from the high point to approximately 3172. Support strength below has increased, without signs of large-scale liquidation. The trading volume has gradually decreased, indicating a steady market adjustment. The Bollinger Bands' space is narrowing, with the current range maintaining sideways oscillation. No directional breakout has occurred in the short term. The ATR value is relatively low (12.2438), indicating limited volatility risk. Although MACD and RSI show short-term bearish suppression, large traders hold a high proportion of long positions, indicating continued willingness among major players to go long. However, a consistent inflow has not yet formed, leading to temporary price oscillation. The active buy-sell ratio, funding rates, and large account indicators support upward movement. Nonetheless, short-term overbought signals and volume are not aligned, lacking strong trend conditions, thus limiting rebounds. Price activity between support level 3104 and resistance level 3217 occurs frequently. The 15-minute candlestick pattern clearly exhibits oscillation and correction rather than trend breakout. Comprehensive technical and order book data indicate that ETHUSDT will oscillate within the Bollinger Bands range. Short-term price movements are mainly within 3147-3217. Close attention should be paid to major building positions and volume changes. A strong breakout requires further confirmation signals. Implementing a range trading strategy within the 15-minute timeframe is more prudent. If volume surges and there is a breakout above the upper Bollinger Band or downward through support levels, traders may follow the trend; otherwise, focus on high sell and low buy tactics.