Polymarket: ETH to Hit $2,400 in August Probability Rises to 82%

Prediction-market odds are a positioning gauge, not a forecast, and a 40-point move in 24 hours says more about how quickly sentiment can reprice than about any change in fundamentals. The gap between the 82% odds on $2,400 and the 50% on $2,500 shows traders treating the lower level as near-mechanical and the higher one as genuinely contested. Whether that spread narrows or widens into month-end is the open question, particularly given how close the expiry sits to the levels being priced.