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–
Based on current market information, here are the trading strategy references for Bitcoin (BTC) on December 7:
I. Long-term Strategy
If the price is above 97762.89 USDT after 8:00 today, consider buying in, as a long-term uptrend may follow.
II. Short-term Strategy
1. Long Opportunity:
- Entry point: 88000 USDT, defense at 87000 USDT (stop loss of 500 points), target 91000 USDT.
- Basis: 2-hour candlestick chart shows consecutive bullish candles, MACD indicates strong short-term rebound momentum, short-term support is effective.
2. Short Opportunity:
- Entry point: 91000 USDT, defense at 92000 USDT (stop loss of 500 points), target 89000 USDT.
- Basis: Daily chart bearish pressure persists. If the 90000 USDT psychological level cannot be broken, the trend may further decline.
III. Key Levels to Watch
- Support: 88000 USDT (short-term), 89939 USDT (near bullish engulfing pattern).
- Resistance: 90000 USDT (psychological level), 91000 USDT (short-term target).
Friendly reminder: BTC is currently in a consolidation and correction phase. Technical signals are mixed. It is recommended to set strict stop losses and control position risk.