Binance ETHUSDT 15m Trend Prediction

ETHUSDT on the 15-minute candlestick chart exhibits significant recent price fluctuations within the range; Bollinger Bands' bandwidth has narrowed, with the current price slightly below but not rapidly breaking through, indicating underlying support below. From short-term indicators, both MACD and RSI6 show signs of short-term overselling, while other period RSIs remain neutral, suggesting a rapid rebound during consolidation may occur in the near term. Extreme values in KDJ support short-term correction, but recent trends are insufficient to sustain a substantial rebound. Long and short position and account ratio data indicate that large traders generally hold long positions; barring sudden panic selling, the probability of price breaking downward is limited. The active buy-sell ratio is approaching a balanced state, implying market sentiment is cautious. Support and resistance ranges are clear: S1 at 2992, with R3 at 3044. Considering current ATR and volatility, it is unlikely to break higher levels within 15 minutes. Price is likely to fluctuate within 3015 to 3050 in a narrow band. Overall judgment suggests a short-term bounce is expected, but the market remains in a range-bound oscillation. If trading volume continues to shrink, it may be suitable to buy low and sell high within the range. Aggressive traders should avoid large positions and wait for a clear directional move. Risk management advice: If the support level at 2992 is effectively broken, short-term outlook turns more bearish; a break above the 3044-3050 zone would open further upside space. Operations should focus on quick entries and exits.