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–
🔥 #PostToWinNIGHT 🔥
My Detailed View on NIGHT After This Massive Price Fluctuation
Today’s price action on NIGHT caught my full attention because the volatility is extreme and very telling about current market sentiment. At the time of writing, NIGHT is trading around 0.0516, with a huge 24-hour drop of -48.40%. Within just one day, the price moved between a high of 0.1000 and a low of 0.0337, which is a very wide range. This kind of fluctuation clearly shows that both panic selling and aggressive dip buying are happening at the same time.
What makes this move even more interesting is the trading activity. The 24H volume has reached 309.31M NIGHT, with a total turnover of $14.20M USDT. This tells me that NIGHT is not being ignored by the market on the contrary, it is under heavy speculation and strong trader focus. When I see this level of volume during a sharp drop, I usually interpret it as a distribution and accumulation phase happening together, where weak hands are exiting and stronger hands are slowly positioning.
From my perspective, the most important level right now is the 0.0337 low. As long as price holds above this level, I believe the possibility of a technical rebound is still alive. However, if this support breaks with strong selling volume, then I would expect another leg down and would stay out until a new base is formed.
What I’m Personally Doing With NIGHT:
I am being very cautious and patient with this token.
I am not chasing any fast green candles, no matter how tempting they look.
I only consider entries after the price stabilizes and selling pressure weakens.
I use a small position size only, because this is clearly a high-risk trade.
Strict stop-loss is a must for me in this kind of market.
I treat NIGHT as a short-term speculative opportunity, not a long-term investment.
My Thoughts & Advice From Experience:
A -48% daily drop can create strong rebound opportunities, but it also destroys many accounts when traded emotionally. I have learned that protecting capital is more important than chasing fast profits. Right now, I prefer to wait for the market to show me clear confirmation rather than guessing the bottom.
If buyers gradually step back in and we start building a solid base above support, a recovery toward the 0.070–0.085 zone is possible. But if fear takes over and support fails, then the safest move is simply to stay on the sidelines.
My honest advice to anyone trading NIGHT:
don’t let emotions control your decisions. Trade with a plan, manage risk, and wait for confirmation.
What’s your current plan for NIGHT after this massive fluctuation buying the dip, shorting the bounce, or waiting for clarity?