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–
JPMorgan: "Crypto winter" will not arrive, and there is no structural deterioration in crypto demand
On December 10th, JPMorgan’s latest research report stated that the recent Bitcoin correction and the intensifying market panic do not indicate the arrival of a new crypto winter, but rather a “meaningful adjustment.” Several short-term driving factors behind the recent sell-off include: · ETF capital outflows related to basis trade liquidations · Liquidation shocks from over-leveraged long positions · Seasonal liquidity shortages approaching the end of the year · Weak macroeconomic conditions ahead of the Federal Reserve’s interest rate decision today The bank emphasized that these phenomena do not indicate a structural deterioration in crypto demand. Institutional interest, real-world application advancement, and tokenization trends remain robust. JPMorgan believes that the market is still in a healthy adjustment phase rather than falling back into a bear market cycle.