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: Jun 26, 8:00 AM 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 reflect what traders are willing to stake on a specific outcome, whereas spot price expectations derive from technical analysis, news sentiment, and broader market conditions. This market's odds represent a consensus view among participants who have real capital at risk, which often incorporates information faster than traditional sentiment surveys. However, prediction odds and spot price direction are not identical signals—a high probability of Ethereum moving up does not guarantee the spot price will rise, since market-making dynamics and volatility can diverge from directional bias. Comparing the two helps traders triangulate conviction levels.
On Polymarket, traders set the odds through an automated market maker (AMM) mechanism, where buying shares of one outcome automatically adjusts the price of the opposing outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The more capital deployed toward Ethereum Up or Down, the more the odds shift. Prices range from near 0 to near 100, reflecting the probability each side assigns to the outcome. Liquidity providers and traders continuously arbitrage the market, ensuring prices stay responsive to new information and on-chain activity throughout the four-hour window.
This market resolves around Jun 26, 2026, once the four-hour observation window closes and the price movement can be verified. The outcome is determined by comparing Ethereum's price at the start of the window (4:00 AM ET on June 26) to its price at the close (8:00 AM ET), with the result confirmed against credible public price data. Traders who correctly predicted the direction receive their winnings, while incorrect positions expire worthless. Resolution is typically finalized within hours of the window end.
Major catalysts include macroeconomic announcements (Federal Reserve statements, inflation data), cryptocurrency-specific news (regulatory developments, exchange updates), and on-chain metrics (large transaction flows, staking changes). Bitcoin price swings often drag Ethereum with them, so BTC momentum is a key watch. Overnight Asia-Pacific trading and early US market open sentiment can set the tone for the 4:00–8:00 AM ET window. Technical levels, liquidation cascades, and options expiry flows may also trigger sharp moves. Traders monitor these signals to adjust their positions before the market closes.