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–
A compliant platform is optimistic about the prospects of a cryptocurrency rebound, citing improved liquidity and rising expectations for a Fed rate cut.
A compliant platform’s institutional department stated that the cryptocurrency market may be poised for a rebound in December, citing improved liquidity and shifting macroeconomic conditions that could favor risk assets such as Bitcoin.
In a market report released on December 6, the company pointed out that the probability of a Federal Reserve rate cut next week has increased (with a 93% chance on Polymarket and 86% on CME’s FedWatch), which is a core driving factor.
According to the company’s internal M2 index, liquidity conditions are also improving. This index tracks money flows that impact asset prices. The company had previously predicted a weak performance in November followed by a rebound, also based on similar indicators.
The report also highlighted additional positive factors that could support the rebound, including the anticipated bursting of the so-called AI bubble (which has not yet occurred) and a weakening US dollar.
While Bitcoin has remained at lower levels this week, it has indeed rebounded from its lows, possibly driven by some institutional headlines, such as a major asset management company’s reversal on crypto ETF policy and a large bank approving its wealth advisors to recommend allocating up to 4% of client portfolios to crypto assets.