Binance ETHUSDT 15m Trend Prediction

It is clearly observable from the candlestick chart that ETHUSDT is in a continuous downward trend, with the price declining from the 3200 level down to the current 2740 level. Technical indicators generally show strong bearish signals. The RSI indicator combination indicates that both the short-term and mid-term are in oversold conditions, but no obvious divergence or reversal signals have appeared, suggesting that downside momentum remains. The negative value of MACD has widened, with a clear death cross, further confirming the bearish trend. Bollinger Bands analysis shows that the price has approached the lower band, but considering the current strong downtrend and high ADX value, the price may briefly break below the lower band before finding new support levels. The moving average system shows a complete bearish alignment, with MA5 (2737) below MA10 (2765), and the current price even below MA5, indicating persistent selling pressure. Recent resistance levels are expected within the MA5-MA10 range. Exchange data indicates an active buy-sell ratio of 1.0964, slightly leaning bullish, but the large trader long-short position ratio of 2.9994 suggests that large accounts are still leaning long, which may imply that the current decline is a technical correction rather than a fundamental shift. Volume data shows a high trading volume over the past 24 hours, with an amplitude of -9.539%, indicating high market participation. The decline has been confirmed by substantial trading volume. In the KDJ indicator, K is at 47.47, D at 39.30, and J at 63.80. Although J is higher than K and D, the overall remains in a somewhat weak area, suggesting a potential short-term small rebound but the main trend remains bearish. It is expected that in the next 15 minutes, ETHUSDT will continue testing the Bollinger lower band support around 2725. If broken, it will further look for support at the 2700 psychological level. A short position is recommended, targeting between 2700-2725, with a stop-loss set above 2760. Risk warning: If RSI shows significant divergence or trading volume diminishes, beware of short-term rebounds.