December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
Those who endure the pain of the bear market, avoid the traps of leverage, and refuse to blindly follow the crowd will eventually find their answers with time. The market never fails those who stick to value, just as Bitcoin’s consensus deepens over the years—good choices will ultimately shine after volatility. May you hold rational chips in your hand, keep firm conviction in your heart, and move steadily through the turbulence of the crypto world. Let every wait be the groundwork for wealth, and every perseverance earn you the glory of crossing both bull and bear markets.
At midnight, Bitcoin continued its upward consolidation, with the price quickly rebounding after hitting the 92,315 low and climbing to a high of 94,185 in the early hours, with short-term fluctuations exceeding 1,800 points. Ethereum also maintained its strong performance from the evening, steadily rising from around 3,050 and reaching a high of 3,198 during the early morning hours.
On the four-hour chart, there is strong breakout rebound potential. After a period of consolidation, a double-bottom support structure has formed on the short-term downside, with lows gradually rising. Multiple bottom formations have laid a solid foundation for the price trend, and rebound momentum is steadily accumulating. Currently, the price is repeatedly testing and attempting to stabilize above the middle band. Recently, the volatility of both BTC and ETH has increased significantly. After the previous deep correction, bullish strength is gradually building, and expectations of further market pullbacks have weakened. Trend continuation is always accompanied by alternating rises and falls; corrections during an uptrend and rebounds during a downtrend are both normal. The current technical structure shows that recovery momentum is gradually strengthening, and the subsequent trend should continue to focus on whether the bulls can sustain their efforts. For short-term trading, it is recommended to focus on long positions during pullbacks to lower levels.
Follow Gong Zhonghao: Changsheng Looks at the Trend
Trading suggestions:
BTC: Long near 93,000, target 96,000
ETH: Long near 3,150, target 3,400
$BTC $ETH