PolymarketCryptoDevelopingUpdated 7m ago

Will the price of Ethereum be above $2,600 on October 16?

As of Oct 16, 2026, 3:10 AM ET, Polymarket priced this market at 0.8% (down from 1.3% 24 hours earlier). It had $30.8K traded in the past 24 hours, $35.2K of order-book liquidity and a bid-ask spread of 0.3 pts. probcast.co rates the support behind this price as moderate.

Market probability
0.8%
−0.5 percentage points
over 24 hours1.3% → 0.8%
Resolving soon

Thin market where small orders can move the price — though most recent trading came from one account.

Price historyPolymarket

Source: Polymarket price history

How credible was the move?

Methodology →

Move validity

Moderate

Consensus stability

Forming

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?

ThinTight spread

Order-book liquidity

$35.2K

Bid-ask spread

0.3 pts

24h volume

$30.8K

Total volume

$67.5K

It would take roughly $334.6 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
70%of the traded money came from the single largest account

Accounts

56

Trades

186

over 6 days

Largest order

$425

$2.5K traded across these 186 trades (last 6 days).

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

Recent trade activity$2.5K 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 the Binance 1 minute candle for ETH/USDT closing at 12:00 in the ET timezone (noon) on the date specified in the title has a final "Close" price higher 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 the Binance 1 minute candle for ETH/USDT closing at 12:00 in the ET timezone (noon) on the date specified in the title has a final "Close" price higher than the price specified in the title. Otherwise, this market will resolve to "No". The resolution source for this market is Binance, specifically the ETH/USDT "Close" prices currently available at https://www.binance.com/en/trade/ETH_USDT with "1m" and "Candles" selected on the top bar. Please note that this market is about the price according to Binance ETH/USDT, not according to other exchanges or trading pairs. Price precision is determined by the number of decimal places in the source.

Resolution source: binance.com

What could move this market next?

  • The market's deadline arrivesOctober 16, 2026 at 12:00 PM 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 16, 3:18 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 ±21 pts.

Resolving soonLegacy movement classifier: watch

What's happening

high classifier confidence
Resolving soon

Near resolution or with ambiguous wording, pricing is mechanically thin and can swing on tiny trades. Read end-of-life prices with extra caution.

  • Resolves in 0 day(s) — end-of-life pricing is mechanically thin

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
21Low
Where the price path tends to go next1166 observed
  • Choppy / mean-reverting98%
  • Stable consensus1%

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

DurabilityHigh· half-life ~4h
PredictabilityStable

Secondary read: leaning toward Thin market.

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-0.76H-0.524H-0.57D-0.5

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