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–
"Market Analysis on December 1: Successfully Predicted the Second Dip, Where is the Bottom?"
First of all, congratulations to the fans of the section chief. Yesterday we reminded everyone that the opportunity to short has arrived. At 91900, we advised everyone to pay attention to the pin bar for opening shorts, and we directly saw 8.4-8.3w. This wave was directly opened short at the highest point, which I believe is a skill. This viewpoint has been mentioned many times.
The script we discussed repeatedly last week, fluctuated on Friday, consolidated on Saturday, and created a false breakout to open short on Sunday. The trend this week is expected to be a double test, which is basically perfectly on target. The department head is indeed not a manipulator; the next step is the second test of the bottom, and where the bottom is believed to be the most concerning matter for everyone.
First of all, I want to report to everyone that it is very difficult for the second probe of Bitcoin to hit a new low, so it is still possible to get in once the price stabilizes. This second probe primarily aims to address market fear and establish a necessary bottom range.
If the support of Bitcoin at 85400 today breaks, then our short position from yesterday at 91900 can be partially closed for profit at the two support levels of 83300-83400 and 82200. If there are profits from the short position, one can also attempt to buy the dip at these two levels.
The support level for $BTC today is best not to break below 124-125, otherwise it will reach the levels of 118 and 112. If you buy spot at these two levels, according to this week's script, it won't be trapped for long, as these are positions where you can't lose or be deceived.
$SOL Today, the support at 2800 is best not to break; otherwise, if it drops to 2720, it will be quite thrilling. If it goes further down, the support at 2560 can be an opportunity to try catching a bottom, provided you have profits from short positions. In that case, your mindset for attempting to catch the bottom will improve significantly.
In summary, this week's task is to complete the bottom exploration. After the bottom exploration is completed, the daily line will once again enter a range of fluctuations. This bottom-making range will take at least a month. That is, it will take a month to establish a bottom in the fluctuating range before moving to a narrow platform on the daily line to choose the direction of the new trend. Please pay close attention to the posts from the section chief regarding how to proceed.
$ETH Follow the section chief, bringing you the latest market analysis and precise entry points every day. Long and short positions are for B friends' reference only; strict stop loss and take profit. (