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 is fluctuating and weakening. Can the key support at 2977 hold?
[Crypto World] ETH’s price movement over the past 4 hours has been a bit tangled. Since December 4, the price has been repeatedly fluctuating between 2740.8 and 3210.13. Although there was a slight increase at 16:00 compared to 12:00, overall it’s still down quite a bit from the day before.
Looking at the candlestick pattern, the latest candle is bearish, with a bearish engulfing formation. Trading volume is shrinking as well—falling price with decreasing volume is a typical sign of a quiet market. From a technical perspective: the MACD histogram remains negative and is extending further, with the bears clearly in control; KDJ is hovering around 48, showing no clear direction; although the MA10 is still pressing down on the MA30, the downtrend is already in place.
For key levels, watch if the support around 2977 can hold; next buy zones are at 2870 and 2744. Upside resistance is at 3249—a breakout above that could open up more possibilities. For long positions, set a stop-loss below 2727; for shorts, a stop-loss above 3226 would be more prudent. At the current level, waiting and watching may be wiser than jumping in blindly.