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–
The weekend has fluctuated for two days, and tomorrow will close the monthly and weekly lines.
Let's talk about the closing points.
First, let's look at the weekly chart:
1) Last week, there was a pin bar on the weekly chart, and we are using last week's candle to define the range.
It can be seen that there has been a rebound this week and it is currently above eq 884.
Then last week's K opening position was 942, here is the May monthly opening.
2) So there are 2 positions generated here, 884 and 942.
If the closing is above 884, then it will trend upwards next week.
If it closes above 942, then it will definitely be bullish next week.
Then let's take a look at the monthly chart.
A small rule: the monthly line fvg will basically be filled, especially in a volatile market.
The monthly FVG formed in November is from the closing price to 102.
Then this will return to the expectation of 100,000.
In summary, if the closing is above 884 (high probability), there will be at least a chance of recovering 100,000 in December.
Then if it closes at 994, there may be an opportunity for realization next week.