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–
Analysis: The market is betting that $80,000 is a strong support and $100,000 is a strong resistance level.
On November 30, on-chain data analyst Murphy stated that options trading data shows a significant purchase of $80,000 Call options, and a notable increase in the selling of $100,000 Call options and buying of Put options. The market is betting that $80,000 is a strong support level, with long positions positioning at the bottom. Meanwhile, $100,000 is viewed by the market as a strong resistance level, with shorts believing that this price level is difficult to break through, and they have increased risk protection against a breakout.