Binance ETHUSDT 15m Trend Prediction

ETHUSDT is currently at an extremely high level, compounded with multiple overbought signals (RSI, KDJ, Bollinger Band upper band breakout), indicating a strong expectation of a short-term pullback or high-level consolidation. MACD continues its bullish trend but has reached a high level; the risk of chasing long positions in the short term is considerable. It is recommended to observe or reduce positions on rallies, and consider adding longs after a price correction and support formation. After a significant increase in volume, the market has stabilized. Large and retail accounts' long and short positions remain predominantly bullish, which is a result of current bullish squeezing. Active buying momentum shows signs of reaching a top. Volatility and ATR indicate that after short-term sharp fluctuations, the market is calming down. The ADX is only 21.5; despite strong bullishness, trend stability is weak, making high-level oscillations likely. The support level at 3090 is critical; a break below would open the short-term correction space. The resistance zone around 3130 is the first barrier; below that, the support band can be considered as a zone for low-range accumulation on pullbacks. Combining technical indicators and market sentiment, it is highly probable that the 15-minute interval will mostly maintain a consolidation between 3090 and 3130. The risk of chasing longs at high levels is high. Patience is advised until a pullback confirms support before considering a phased accumulation. Trading advice: short-term observation. If the price pulls back to around 3090 and finds support, small positions can be tried for lowbuy entries with a stop-loss at 3080. If the price surges above 3130 and fails to hold, consider taking profits cautiously. Strict position control is necessary to prevent volatile correction risks.