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–
#ETH走势分析 $ETH The market looked pretty indecisive this morning.
After climbing out of that dip at 2900, there does seem to be a bit of a rebound, but if you take a closer look at the 4-hour chart, you'll notice—the key resistance levels ahead haven't actually been broken. The 3000 mark feels more like it's being propped up by market sentiment, and the actual support strength is questionable.
Technical indicators are also sending mixed signals: the MACD looks like it's about to form a golden cross, but can the DIF and DEA hold above the zero line? I'm skeptical. The selling pressure from the previous drop hasn't been fully digested yet, so pushing higher in this context will face considerable resistance.
Personally, I think this rebound is more of a technical correction after the drop, and the momentum isn't strong enough. Once it hits the upper resistance zone, there's actually a higher chance of pulling back to test the lower support.
My trading plan:
For Ethereum, consider opening a short position in the 3170-3230 range. The first target is 3070, and if it goes further down, look for 3020. Of course, you still need to monitor the real-time market and set strict stop losses.