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–
BTC dominance vs altcoins: how not to lose money
Bitcoin dominance (BDI) is simply: what % of the cryptocurrency market is occupied by BTC. For 2024, it is 56-58%.
What does this mean for the trader?
When BDI rises → money goes into BTC, altcoins fall. When BDI falls → altseason begins, ETH and XRP soar.
The two main pairs to watch:
ETH/BTC — shows when Ethereum will start to rise faster than Bitcoin. The rise of this pair = capital flow from BTC to ETH.
XRP/BTC — signal for Ripple and generally for liquid altcoins. Decline = interest dies.
Three scenarios that work:
How to analyze:
TradingView + support/resistance levels + RSI for entries. CoinMarketCap will show the current dominance in real-time.
Simply put: look at BDI down → prepare money for alts. BDI up → sit in BTC or wait for a correction.