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–
#美SEC促进加密资产创新监管框架 12.8 Ethereum Watch
Market sentiment is pretty bearish, so today’s approach is to short at the highs and look for long opportunities at the lows.
Last night’s move basically matched my analysis from yesterday—the rebound lacked momentum, spiked up briefly, then turned sharply downward. This downward move was very smooth and decisive.
Looking at the current market structure, this rebound correction was really weak and didn’t reverse the previous downtrend at all. Bears are still in control, and from the volume and cycle perspective, there’s a high probability of the price continuing downward. There are no signs of a reversal for now in this weak setup.
Here’s how I plan to operate: $ETH If it rebounds to around 3090 or 3150, consider building short positions, with an initial target of 3000, and then looking further down to around 2910.
With the current technicals, there’s still support for the continuation of the bearish trend.