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 $1000PEPE Moving Average System Breakout, Technical Pattern Worth Watching
Market Observation: $1000PEPE has recently shown significant changes in price trends, continuously breaking through several key moving averages such as EMA7, EMA25, and EMA99. From a technical perspective, this kind of multi-moving average resonance breakout usually indicates that the previous consolidation pattern has been broken and the price may enter a new phase.
Key Technical Observations:
The moving averages have shifted to a bullish structure, with short, medium, and long-term moving averages providing obvious support. Historically, this pattern often corresponds to the beginning of a trending market.
According to some trading platforms’ position data, over 54% of open positions are still short. If the price continues to rise, the closing of these opposing positions could provide additional momentum.
Operational Reference Ideas:
Entry Range: Consider positioning within the $0.00450-$0.00458 pullback support zone, or try a small position near the current price.
Target Observation: The short-term resistance is around $0.00478. If it holds above this level, further upside could open to the $0.00550-$0.00680 range.
Risk Control: If the price falls below $0.00442, the technical pattern may be invalidated and strategies should be adjusted promptly.
Risk Warning: Volatility is high in the early stage of a breakout. It is recommended to keep positions within 15% of total capital to avoid passive situations caused by chasing highs. Technical analysis is only an auxiliary tool; the market always contains uncertainties.
The core of trend trading is following, not predicting. When technical signals are clear, rational participation is more important than hesitant observation.