🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
#数字资产生态回暖 $ETH Technical Analysis for December 11 Morning
Ethereum has been a bit frustrating lately—its recent upward trend looked promising, but in the past couple of days, the correction has become larger and the rebound has lost momentum. The key support levels that held before have now been broken, and those previous support points are no longer reliable, throwing the short-term rhythm into chaos.
From the market perspective, after a period of sideways consolidation, there was a surge in volume leading to a sharp decline. Each successive candlestick body is larger than the previous one. This is not normal turnover; it indicates that the bulls are taking profits and the bears are beginning to take control. The price has broken below the short-term moving averages, with the previous upward momentum rapidly diminishing. During the decline, there was no sign of stable support, making the pressure trend particularly evident.
Trading idea: Consider short positions in the 3300-3350 range, with the first target at 3200, and further down at 3150.