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–
#美联储重启降息步伐 I often have friends who are curious about whether I've actually made money in the cryptocurrency market.
To be honest, I have made some. But it wasn't because of any advanced techniques; rather, it was a strategy that might even seem a bit "dumb."
Back then, I took 100,000 USDT and operated according to this approach. Now, my account has reached 1,000,000 USDT. Even I didn't expect trading could be this effortless.
The entire logic boils down to three sentences: follow the trend, identify key levels, wait for signals.
I'm used to only watching the higher timeframes, at least the 4-hour chart. The market only has three states—uptrend, sideways, downtrend. When it's going up, look for opportunities to go long; when it's going down, follow the trend and go short. Sideways? I'd rather sit it out. If the direction isn't right, everything else is just pointless tinkering.
Once the direction is clear, the key is to wait for the right level. The price doesn't just move in a straight line; it jumps up or down in steps. What we need to do is get in at the "take-off" point and take profit at the next step. These levels, simply put, are support and resistance.
Once the price reaches the level, I switch to a lower timeframe to look for entry signals. Everyone uses different tools, but mastering just one or two is enough. The real money-makers are never flashy operations, but whether you can quickly set a plan and execute it strictly.
Before I open any position, I always ask myself a few questions: Which coin am I trading? How much position size? Am I going long or short? At what point do I enter? Where do I stop loss if I'm wrong? Where do I take profit if I'm right?
Everything else, I don't overthink.
Trading really isn't as mysterious as people think. The hard part is never the method itself, but whether you can keep your hands steady and maintain your mindset.