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–
CryptoQuant: The market has entered a structural adjustment phase, and the likelihood of continued decline remains high.
On December 5, CryptoQuant analyst @AxelAdlerJr analyzed Bitcoin on-chain signal indicators and stated that the current market has entered a deep correction phase, a stage that lasted for a year in the previous cycle. The current maximum Bitcoin drawdown from its historical high is -32%, placing it in the intermediate zone between a deep correction and a market bottom. If macroeconomic and on-chain signals do not improve, there is still a risk of continued decline in the market. In summary, the current combination of signals indicates that the market has entered a structural adjustment phase: the profit and loss score corresponds to the bear market range in history, while the -32% drawdown has already exceeded a typical cyclical adjustment. As long as there are no signs of improvement in on-chain and macro indicators, the likelihood of continued decline remains high. Recovery will take time and will require a shift in sentiment within the network’s profit and loss structure.