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–
🔍 Price & Technical Structure
Current Range: Bitcoin remains tightly confined between $104,300–105,100, reflecting a consolidation phase after recent volatility .
Support Levels: Immediate support lies around $104,300–103,750. A breakdown below that could see a retest of $101,000–99,500 .
Resistance Levels: The first barrier is the 20/50/100 EMA cluster near $105,960, followed by the broader resistance zone at $108,000–109,000 .
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📉 Momentum & Volatility
RSI & Momentum: RSI resides just above neutral (~54), indicating a balanced tug-of-war between bulls and bears. MACD shows a slight bullish bias—without volume, however, breakout chances are muted .
Volatility Compression: Bollinger Bands and ATR show volatility tightening, suggesting a coming breakout as current price action focuses in a symmetrical triangle .
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🧭 Market Dynamics
ETFs & Flows: Spot ETF inflows show sustained institutional demand. According to recent data, around $388 M in daily ETF flows, totaling over $46 B+ in cumulative inflows—highlighting strong underlying appetite .
Derivatives Warning: Despite steady spot prices, derivatives markets are sending caution signals—funding rates are elevated, hinting at cautious/leverage behavior .