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Home/Crypto/Will Ethereum dip to $2,400 in August?
PolymarketCryptoUpdated 6m ago

Will Ethereum dip to $2,400 in August?

Market probability
40.5%
−2.5 percentage points
over 24 hours43.0% → 40.5%
3 days until the event deadline
Deadline: September 1, 2026 at 12:00 AM ET

The move lacks solid trading support — treat the new probability with caution.

The pricing has weak support: healthy trading volume and market depth, an unusually wide spread. The probability moved another 2 points in the past hour — the market is still repricing.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Weak

The pricing has weak support: healthy trading volume and market depth, an unusually wide spread.

Consensus stability

Has the market settled at the new probability?

Unsettled

The probability moved another 2 points in the past hour — the market is still repricing.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$30K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market will resolve to "Yes" if any Binance 1 minute candle for ETH/USDT from the creation of this market through 11:59 PM ET on the last day of the month specified in the title has a final Low price equal to or lower than the price specified in the title. Otherwise, this market will resolve to "No".

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve to "Yes" if any Binance 1 minute candle for ETH/USDT from the creation of this market through 11:59 PM ET on the last day of the month specified in the title has a final Low price equal to or lower than the price specified in the title. Otherwise, this market will resolve to "No". Price action before this market's creation will not be considered. The resolution source for this market is Binance, specifically the ETH/USDT Low prices available at https://www.binance.com/en/trade/ETH_USDT, with the chart settings on "1m" for one-minute candles selected on the top bar. Please note that the outcome of this market depends solely on the price data from the Binance ETH/USDT trading pair. Prices from other exchanges, different trading pairs, or spot markets will not be considered for the resolution of this market.

What could move this market next?

  • The market's deadline arrivesSeptember 1, 2026 at 12:00 AM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Aug 28, 3:28 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±29 pts.

Thin marketLegacy movement classifier: noisy

What's happening

medium classifier confidence
Thin market

Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.

Change (pts)1H+2.06H-2.524H-2.57D-2.5
Score breakdown — Movement, Liquidity & Trust

ProbCast Trust Score

14/ 100 · Low

Weakly supported. Treat this number skeptically. Main caveat: wide spread.

ProbCast measures how reliable this market probability appears — not what to trade.

Movement72

Magnitude of recent probability change

Liquidity69

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ProbCast — Odds Reliability

Know whether prediction-market odds can be trusted. ProbCast analyzes liquidity, market activity, spreads, and price movement to help distinguish meaningful repricing from thin-market noise.

Questions? Chat with us on Telegram
TodayTop MoversEventsAll MarketsWhat ChangedVenue DivergencePolymarket vs KalshiMethodologyCoverageMeta's ArenaWatchlistTerms of UsePrivacyCrypto
  • Wide spread (5.0 pts)

Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
9Low
Where the price path tends to go next389 observed
  • Choppy / mean-reverting90%
  • Thin-liquidity spike3%
  • Stable consensus3%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityMedium· half-life <1h
PredictabilityElevated irreducibility

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Market data

24h volume

$60K

Liquidity

$36.8K

Total volume

$74.8K

Category
Crypto
Venue
Polymarket
Open interest
—
Spread
5.0 pts
Best bid
38.0%
Best ask
43.0%
7-day range
37.5% – 47.5%
Resolves
Sep 1, 2026

Depth of the order book and volume

Trust breakdown

14/100 · Low

Weakly supported. Treat this number skeptically. Main caveat: wide spread.

  • Liquidity anchor+48
  • Price steadiness+8
  • Wide spread-15
  • Expiring soon-10
  • Limited history-8
  • Big move, weak support-10
Trust score14 / 100
How these scores work →
View on Polymarket

ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. ProbCast is not a betting platform, exchange, or broker and does not provide buy or sell recommendations. Intended for users 18+; availability of prediction-market activity varies by jurisdiction. Venue data is aggregated from third parties and may be delayed or inaccurate. See our Terms of Use.

Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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