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–
Zhi Ying can be unset, as it will prevent surprises.
Bamboo shoots must be set because they can prevent accidents.
U.S. stock index futures continued to decline, with Nasdaq index futures down 0.6%. Today's reason for Bitcoin's drop:
1️⃣Japan will continue to raise interest rates in December.
2️⃣Dongda recently released negative news regarding the crackdown on cryptocurrency.
The large pancake has rapidly dropped below the 87000 level, completely retracing the previous gains! The two-day consolidation hides a tempting trap, and long positions are being severely attacked, leading to the collapse of the short-term bullish logic. Currently, we need to be especially alert to the key support level at 85000; once effectively broken, we will directly look towards the 80000 mark. Market sentiment has instantly shifted from "bullish return" to "bearish arrival," leaving us speechless!!
The support level for the large pancake is in the range of 85000-86500, and the current price is approaching this support zone. Similarly, if the market consolidates in this area, the rebound will also move towards a further position.
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