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–
Notification
The weekly candles for BTC and ETH have closed.
On the last day of the weekend, both BTC and ETH made a sudden reversal.
Currently, on the weekly chart, BTC is still being suppressed by the MA5, and ETH is in the same situation.
Yesterday’s sudden move retested the support near the monthly MA20. The rebound was quite strong and bounced back in a V-shape.
At present, the monthly MA20 still has a good chance to provide strong support for a robust rebound. It is expected that the weekly MA5 will not be enough to block the rebound.
It looks like BTC will retest the 100,000 level.
In summary: prioritize long positions; still looking for a rebound.
Shenzhen Chen Village Committee Party Branch