PolymarketCryptoLikely noiseUpdated 11m ago

Will Ethereum dip to $2,400 in October?

As of Oct 21, 2026, 7:22 PM ET, Polymarket priced this market at 58.5% (up from 56.5% 24 hours earlier). It had $52.6K traded in the past 24 hours, $24.2K of order-book liquidity and a bid-ask spread of 3.0 pts. probcast.co rates the support behind this price as weak.

Market probability
58.5%
+2 percentage points
over 24 hours56.5% → 58.5%
Moving fastBig move, weak backing

Thin market where small orders can move the price — but today's move came mostly from one account.

Price historyPolymarket

Source: Polymarket price history

How credible was the move?

Methodology →

Move validity

Weak

Consensus stability

Unsettled

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

Thin

Order-book liquidity

$24.2K

Bid-ask spread

3.0 pts

24h volume

$52.6K

Total volume

$54.9K

It would take roughly $289.8 of buying to move the price up by ~5 pts.

Little money on the book — a modest order can move this price, so treat swings with care.

Who's trading

Whose opinion is this price?

One account dominates
76%of the traded money came from the single largest account

Accounts

19

Trades

72

over 30h

Largest order

$9.6K

$27.2K traded across these 72 trades (last 30h).

One account did most of the recent trading — the price reflects that account's view more than a crowd's.

Recent trade activity$27.2K 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.

Resolution source: binance.com

What could move this market next?

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

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

  • Confirmation at the resolution source (binance.com)

    The rules name this source as the basis for settlement.

Derived from the contract's own mechanics as of Oct 21, 7:33 PM 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.

Reacting to newsLegacy movement classifier: noisy

What's happening

high classifier confidence
Reacting to news

The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.

  • Probability moved 10.0 pts in ≤6h on adequate liquidity
  • Flow one-directional across 19 participants (broad, not a single order)

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

More details — reliability score, dynamics, durability
Reliability score
15Low
Where the price path tends to go next47 observed
  • Thin-liquidity spike68%
  • Choppy / mean-reverting21%
  • 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

Secondary read: leaning toward One big trader.

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.

Change (pts)1H+10.06H+2.024H+2.07D+2.0

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