TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 9, 12:00 PM EST
Polymarket
This market will resolve to "Up" if the Ethereum price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the ETH/USD data stream available at https://data.chain.link/streams/eth-usd. Please note that this market is about the price according to Chainlink data stream ETH/USD, not according to other sources or spot markets.
This market will resolve to "Up" if the Ethereum price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the ETH/USD data stream available at https://data.chain.link/streams/eth-usd. Please note that this market is about the price according to Chainlink data stream ETH/USD, not according to other sources or spot markets.
Prediction market odds often diverge from spot price forecasts because they incorporate trader conviction, leverage, and real-money incentives that casual price predictions lack. While a technical analyst or on-chain metric might suggest Ethereum will rise, traders on this market weigh that signal against execution risk, volatility, and the specific four-hour window. The odds reflect aggregated bets from participants with skin in the game, making them a distinct gauge of collective expectation. Comparing this market's probability to analyst sentiment or social media chatter reveals whether the crowd is more or less bullish than public commentary suggests.
On Polymarket, traders set the odds by buying and selling binary outcome shares—one for Ethereum Up and one for Ethereum Down. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share reflects the probability the market assigns to that outcome; a share trading at 0.60 implies a 60% chance. As new trades flow in, the automated market maker adjusts prices to balance supply and demand. Liquidity providers and speculators compete to profit on mispricings, continuously refining the odds. The final price just before the resolution window closes represents the market's best estimate of which outcome will occur.
This market resolves around Jul 9, 2026, once the four-hour trading window closes and Ethereum's price movement can be verified. The outcome is determined by comparing Ethereum's price at the start of the window (8:00 AM ET on July 9) to its price at the end (12:00 PM ET). If the price is higher at 12:00 PM, the Up outcome wins; if lower or flat, Down wins. Verification is confirmed against credible public sources such as major exchange data or price feeds. Traders receive payouts based on which outcome occurred and the share price at which they entered.
Macroeconomic announcements, Federal Reserve commentary, or major crypto news can shift Ethereum sentiment in the hours before the window opens. During the four-hour period itself, regulatory statements, large on-chain transactions, or Bitcoin price swings often trigger volatility. Technical levels—support and resistance zones—may attract stop-loss orders or breakout trades that accelerate moves in either direction. Derivatives liquidations or options expiry events can amplify intraday momentum. Traders monitoring real-time order flow, funding rates, and social media chatter may spot early signals of directional bias. Any unexpected news or market-wide shock during the window could reverse the odds rapidly.