TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 29, 4:00 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 reflect aggregated trader expectations about Ethereum's directional movement, whereas spot price expectations derive from technical analysis, analyst forecasts, and broader market sentiment. This market captures a concentrated view of what participants believe will happen during a specific four-hour window, which may diverge from longer-term price targets or intraday volatility patterns. Comparing the odds to analyst consensus or on-chain metrics can reveal whether traders are pricing in near-term catalysts or reacting to recent momentum. The market's odds update continuously as new information emerges, making them a dynamic gauge of short-term directional conviction.
On Polymarket, traders set the odds through an automated market maker mechanism, where the price of each outcome reflects the balance of buy and sell orders. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more capital flows into the Up or Down side, the odds shift to reflect the changing probability. The market price converges toward equilibrium as traders arbitrage perceived mispricings, ensuring that the final odds represent a consensus forecast. Liquidity and order flow directly influence how quickly prices adjust to new information, with deeper liquidity typically allowing for tighter spreads and faster price discovery.
This market resolves around Jun 29, 2026, once the four-hour trading window closes and the final Ethereum price can be verified. The outcome is determined by whether Ethereum's price at the end of the window is higher or lower than its opening level, confirmed against credible public price data. Traders holding winning shares receive their payout once the result is finalized and the market settles. The resolution is straightforward and objective, eliminating ambiguity about which outcome occurred.
Major catalysts include regulatory announcements, macroeconomic data releases, Bitcoin price movements, and shifts in broader crypto market sentiment during the trading window. Technical levels and support or resistance zones may trigger algorithmic trading or stop-loss cascades. On-chain metrics such as large whale transactions or exchange inflows could signal accumulation or distribution pressure. News about Ethereum upgrades, DeFi protocol developments, or systemic risks in traditional finance may also influence short-term directional bias. Volatility spikes in equity or bond markets often correlate with crypto price swings, making macro events a key driver of this market's outcome.