Binance ETHUSDT 15m Trend Prediction

ETHUSDT recent price activity near the lower Bollinger Band, with technical indicators showing a clear downward trend. The MACD indicator remains in negative territory, with decreasing positive values, indicating that the current downward momentum is strengthening. The RSI indicator is in oversold territory and does not show significant signs of rebound, suggesting selling pressure among market investors is high. The KDJ indicator emphasizes the risk of further decline in the short-term market, especially with the J-line at a very low level, making downward pressure prominent. Although large traders' long-short positions are tilted toward long, the number of accounts is biased toward short, indicating that overall market sentiment is predominantly bearish, further reinforcing downside momentum. High trading volume indicates active market participation; however, as the majority of trading activity is driven by sellers, it is likely to lead to continued short-term price declines. The recommended target price range is 3165-3142.