Forecast range $3100--$3290 ETH current price $3322. On the morning of December 11, the Federal Reserve will announce the results of the interest rate meeting, with expectations of a 25 basis point rate cut. Given that the market has already fully priced in this expectation, there is a high likelihood of a "sell the news" reaction once the announcement is made, leading to a price correction.
Additionally, attention should also be paid to Federal Reserve Chair Powell's speech after the meeting. If his tone is hawkish, it may also trigger a price correction.
Technical analysis: ETH is currently showing five consecutive days of upward movement on the daily chart, but there is obvious resistance at the 60-day moving average above, and the price is far from the 5-day moving average, with the upper Bollinger Band acting as resistance, indicating a need for a correction. On the 4-hour chart, the price is consolidating at a high level, with the MACD histogram shrinking, suggesting a possible downward move.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#ETH12月行情预测
Forecast range $3100--$3290
ETH current price $3322. On the morning of December 11, the Federal Reserve will announce the results of the interest rate meeting, with expectations of a 25 basis point rate cut. Given that the market has already fully priced in this expectation, there is a high likelihood of a "sell the news" reaction once the announcement is made, leading to a price correction.
Additionally, attention should also be paid to Federal Reserve Chair Powell's speech after the meeting. If his tone is hawkish, it may also trigger a price correction.
Technical analysis: ETH is currently showing five consecutive days of upward movement on the daily chart, but there is obvious resistance at the 60-day moving average above, and the price is far from the 5-day moving average, with the upper Bollinger Band acting as resistance, indicating a need for a correction. On the 4-hour chart, the price is consolidating at a high level, with the MACD histogram shrinking, suggesting a possible downward move.