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- 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– - 🔥 Gate Square Event: #GateNewbieVillageEpisode10
👤 Featured Creator: @CHAITHU
💬 Trading Quote: The market doesn’t reward emotions, only patience and discipline.
Charts move — but discipline holds.
Share a moment where patience paid off, or emotions cost you a lesson.
A real story > a perfect result.
⏰ Event Duration: Dec 4 04:00 – Dec 11 16:00 UTC
How to Join
1️⃣ Follow Gate_Square
2️⃣ Post with the hashtag #GateNewbieVillageEpisode10
3️⃣ Share your reflections — strategy, mindset, discipline
Authenticity boosts visibility and your chance to win.
🎁 Rewards
3 lucky participants will recei - 🔥 Gate Square Event: #PostToWinNESS 🔥
Post original content related to NESS or the ongoing HODLer Airdrop for a chance to win from a 5,000 NESS reward pool!
📅 Event Period: Dec 2 – Dec 9 16:00 UTC
📌 HODLer Airdrop Details:
https://www.gate.com/announcements/article/48445
📌 How to Participate:
1️⃣ Post original content related to NESS or the HODLer Airdrop.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinNESS
4️⃣ Screenshot of your Airdrop participation is optional.
🏆 Rewards
🥇 1st Prize (1 winner): 1,000 NESS
🥈 2nd Prize (3 winners): 800 NESS each
🥉 3rd Prize (5
Xiang Li: December 6th Morning BTC & ETH Operations and Analysis
From the 4-hour chart, the candlesticks have consecutively formed a "three black crows" pattern, showing a downward trend. BTC has already broken below the EMA7 and EMA30 moving averages, and a death cross has formed during the downtrend, which undoubtedly lays the foundation for further decline. Meanwhile, on the MACD indicator, the two lines formed a bearish crossover above the zero line early in the morning, forcing the fast line to enter the area below the zero axis first. The market is transitioning from strong to weak, and with the continued influx of selling pressure, the entire market is currently filled with extremely depressed sentiment!
On the hourly chart, both the KDJ and RSI indicators rebounded after bottoming out during the early morning hours, but have not yet entered the strong zone. Clearly, this situation does not conform to technical analysis. So, what is the biggest problem? It's the lack of trading volume. Any upward movement in BTC without trading volume is all just a bubble. At the same time, extremely pessimistic sentiment is indeed affecting much of the buying power, with most choosing to stay on the sidelines. Therefore, the best approach is to follow the trend. During this morning’s trading, stick to shorting on rallies, especially since it’s the weekend—don’t set your targets too high, and adjust steadily!
BTC can be shorted in the 89000-89500 range, target around 88000.
ETH can be shorted in the 3020-3040 range, target around 2950.
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