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–
#数字货币市场洞察 $LUNA2 Single-day surge of 40%, but the bears are still stubbornly holding on?
Look at the situation: $1.8 million worth of shorts just got liquidated, yet over 55% of people in the market are still shorting. Some platforms have an alarming concentration of short positions.
What does this mean?
The powder keg isn’t done exploding.
Short positions are 2.3 times higher than longs—this kind of asymmetric structure means as long as the price pushes up a bit more, the cascade of liquidations won’t stop. The technicals are also clear: all moving averages have stabilized, RSI is only at 61, so there’s still plenty of room to go up. This isn’t a short-term rebound; the trend is already established.
Pullback? That’s an opportunity.
💡 Trading strategy reference:
- Initial entry: Consider 0.135-0.14 range
- Breakout confirmation: Add more if it holds above the previous high at 0.148
- Target range: 0.15-0.164
- Stop loss: Must exit if it falls below 0.124
- Position sizing: Don’t exceed 15%, enter in batches
The trend is clear, but bears are still resisting. Planning to chase after it takes off? That’ll be too late.
Trading is about logic, not luck.