TOTAL VOLUME:

$134.2b

24H VOL:

$126,324,530

24H TRANSACTIONS:

2,388,728,490

OPEN INTEREST:

$1,434,646,834

406,019

Markets across

30,401

events

MATCHED EVENTS:

2,689

PLATFORM COVERAGE:

5

Polymarket:

39%

VS.

Kalshi:

61%

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Ethereum Up or Down - May 31, 8PM ET
polymarket

Ethereum Up or Down - May 31, 8PM ET

Volume:
$18,461

Ethereum Up or Down - May 31, 8PM ET

 - Polymarket

Ethereum Up or Down - May 31, 8PM ET - Polymarket

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Resolved Jun 1, 2026

Closed: May 31, 9:00 PM EST

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polymarket

Ethereum Up or Down - May 31, 8PM ET

View
100%
Yes 100¢No 0¢
0.1¢
N/A
$18,461
N/A
N/A
N/A
Settled
Yes
Total markets: 1

Description

This market will resolve to "Up" if the close price is greater than or equal to the open price for the ETH/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the ETH/USDT pair (https://www.binance.com/en/trade/ETH_USDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance ETH/USDT, not according to other exchanges or trading pairs.

Frequently asked questions

Prediction market odds on Polymarket reflect trader conviction about Ethereum's directional move by May 31, 8PM ET, and often diverge from spot price momentum alone. While spot markets react to immediate price action and technical levels, prediction markets incorporate longer-term sentiment, macro catalysts, and event-specific risk. Comparing Polymarket odds to analyst forecasts or on-chain metrics can reveal whether the market is pricing in consensus expectations or contrarian positioning. Significant gaps between prediction odds and traditional price targets may signal opportunity or caution.

On Polymarket, Ethereum Up or Down - May 31, 8PM ET is priced as a binary contract with two outcomes: Ethereum Up or Ethereum Down. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current odds reflect the cumulative bets of all traders; as money flows into one side, that outcome's price rises and the opposing side falls, maintaining a zero-sum market. Prices range from near 0 to near 100, with higher prices indicating stronger market belief in that outcome. Traders buy low and sell high to profit, creating continuous price discovery throughout the event window.

Several catalysts could shift Ethereum's price direction before May 31, 8PM ET. Regulatory announcements, major protocol upgrades, macroeconomic data (inflation, Fed policy), Bitcoin volatility, and large exchange inflows or outflows often trigger sharp moves. Staking changes, DeFi yield shifts, and layer-2 adoption news can also influence sentiment. Technical breakouts above or below key support and resistance levels frequently accelerate directional trades. Monitoring on-chain metrics, whale wallet activity, and crypto derivatives funding rates provides early signals of potential momentum shifts that could impact market odds.