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–
11.20 BTC Morning Silk Road
From the current market analysis, after six consecutive bearish candles on the four-hour chart, there has been a slight recovery. However, the rebound strength is clearly insufficient, and the price has not effectively broken through the middle band of the Bollinger Bands, indicating that there is still strong resistance above. Overall, the trend remains weak.
The hourly level shows an alternating oscillation upward structure. Although the price briefly stands above the middle line of the Bollinger Bands, it is still operating within the bearish zone overall. The current rebound is merely a technical correction in the downward process and does not constitute a trend reversal signal.
Suggestion: BTC: 93000-94000 for short, target around 90000-92000, if it breaks through, continue to look down at #BTC .