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–
#比特币对比代币化黄金 ⚡ Current PENDLE trend: Is a short opportunity coming?
Conclusion first: Short-term bearish bias.
Consider entering around the 2.48 to 2.53 range, with a stop loss at 2.58. If you want to take profits in batches, look at these three targets: 2.375, 2.075, and 2.000.
What about technicals? On the 4-hour chart, you’ll see the price structure has weakened. The previous rally attempt failed, and instead, the key support at 2.5240 was broken. That level is now acting as resistance—a classic support-resistance flip.
The breakdown candle closed decisively below 2.5240. This kind of move usually signals that short-term momentum has shifted from bulls to bears.
However, always have a safety net in trading. If the price climbs back above 2.58 and holds the close, then this bearish thesis is invalid, and you should consider stopping out.
PENDLE, PLANCK, and BANK have all been volatile recently, so short-term traders should manage position sizes carefully.