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–
With strong on-chain support, Chainlink has broken out of the falling wedge pattern—LINK may rebound here.
Chainlink (LINK) is showing signs of a potential breakout, forming a double bottom pattern near $11.56 and breaking out of a descending wedge. The price is approaching the 50-day moving average, and the Supertrend indicator has reversed, suggesting a possible move toward $20. Supporting this view, exchange balances have dropped from 264 million tokens to 218 million, while whales have accumulated over 2.18 million LINK for 28 consecutive days. Meanwhile, Grayscale LINK Trust continues to see inflows and currently holds $70.6 million in assets, and Chainlink’s strategic reserves have increased to 1 million tokens. Although there is short-term selling pressure, these factors indicate that the market is steadily accumulating and the long-term structure is strengthening.