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–
After the price surge driven by the positive impact of the Fusaka upgrade, Ethereum experienced a pullback in the early hours today. According to market data, the price of ETH fell below $3,100, with an intraday drop reaching 2.80%. This pullback coincided with Bitcoin falling below $91,000 and is considered a normal technical profit-taking after a sharp rise.
The intense price fluctuations triggered large-scale liquidations. Data shows that in the past 24 hours, total liquidations across the network exceeded $319 million (approximately 2.3 billion RMB), affecting more than 100,000 investors. This serves as a reminder to the market that short-term leverage risks remain high even after major positive events are realized. Whether the price can find support in the $3,050–$3,100 range is key to determining the short-term market strength.