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–
Analyst: The price of Strategy stock must be above $183.19 to avoid dumping Bitcoin to repay debts.
Odaily News Analysts Willy Woo stated that Michael Saylor's Strategy (MSTR) does not need to sell part of its Bitcoin reserves to repay debts during the next major fall in the cryptocurrency market. The company's debt mainly consists of convertible preferred notes. Strategy can choose to repay its maturing convertible debt with cash, common stock, or a combination of both. The company has approximately $1.01 billion in debt maturing on September 15, 2027. To avoid the need to sell Bitcoin to repay the debt, the stock price of Strategy must be above $183.19. He added that this price is roughly equivalent to a Bitcoin price of around $91,502, assuming mNAV is 1. (CoinDesk)