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–
Tonight and tomorrow there are four major events (Beijing time):
21:30: A bunch of data being released, with a focus on the 10-year U.S. Treasury yield, which will basically set the tone for tonight's opening.
3 AM: FOMC meeting minutes + speeches by officials determine the rise and fall of the probability of a rate cut in December.
5 AM: NVDA earnings report, those with short-term AI positions should not sleep. It directly determines whether the AI story continues to soar or peaks and falls back, tonight is the real nuclear bomb.
21:30 US September unemployment rate Non-farm data, in the absence of CPI release, employment data directly affects the expectations of whether to cut interest rates in December.
ps: This is just my personal opinion regarding cryptocurrencies.
The current high has dropped by 30%, and the market has already priced it in.
So if the news is all negative, it has already dropped in advance. How much lower can it go? 85, 80, either way, it's all an opportunity to buy the dip in spot.
If there is good news, after a long decline, the bulls in this market will definitely rush in and create a wave of speculation for an increase.