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–
🔥Mainstream Coin Short-Term Overview
1. Bitcoin (BTC)
- Spot Price: ≈ 91,966 USDT (24h +1.7%) [¹]
- Daily Range: 87,688 – 92,000, currently consolidating around 91k
- Technical Levels: 4h chart above EMA15 (≈ 89.5k) but MACD momentum is weak; resistance at 91.5k–92k, support at 89k–89.5k; if 87.5k fails, may retest 85k or even 80k [¹]
- Funding Sentiment: $350 million liquidated across the market in the past 24h, mainly long positions, short-term speculative traders flushed out, market sentiment has shifted from exuberant to cautious [¹]
2. Ethereum (ETH)
- Following BTC, intraday volatility around ±2%, currently consolidating near 3,300 USDT with average volume, waiting for a directional move.
3. Altcoins
- Some previously strong altcoins saw supplementary declines, with overall drops of 3%–7%; capital rotation back to BTC led to a slight decrease in Altcoin market share.
Macro & Event-Driven Factors
- The Fed's December 10 rate decision is the week's biggest variable; market is pricing in an 87% probability of a 25bp rate cut, but concerns remain that official commentary may be hawkish, leading to a cautious short-term outlook [¹]
- The new U.S. administration may tighten stablecoin and anti-money laundering regulations, triggering institutional risk-off selling; combined with year-end liquidity withdrawal, this could amplify volatility in high-leverage markets [¹]
Trading Strategies (For Research Only, Not Investment Advice)
- Range Trading: Buy near 88k–89k, sell near 91.5k–92k, stop-loss $500–800;
- Breakout Trading: If volume sustains above 93k, targets can be 95k–96k; if it breaks below 87k, short-term bias turns bearish, targets at 85k/80k [¹]
Friendly Reminder: High leverage and volatility—strictly control position sizes and stop-losses, and manage risk carefully. $BTC $GT $ETH