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Polymarket Odds of ETH Hitting $1900 in August Drop to 7%

Polymarket prediction market shows the probability of ETH reaching $1900 in August has fallen to 7%, down 43% in 24 hours. Meanwhile, the probability of ETH hitting $2400 rose to 42%, up 40% in 24 hours. The market is based on Binance’s ETH/USDT 1-minute candlestick highs.

Original source

AI take

The sharp divergence between the two contracts suggests traders are repricing the distribution of August outcomes rather than simply turning bearish — a lower upside tail is being priced out while a higher one gains. That asymmetry, on a market resolved against Binance's 1-minute highs, makes the near-term path and intraday wicks unusually relevant to settlement. Whether the $2400 contract keeps absorbing the probability shed by the $1900 leg is the open question.

Generated by AI for reference only.

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