Will Ethereum dip to $1,600 in March?

Market indicates a low probability of Ethereum dipping to $1,600 in March.

The market shows a 31% probability for Ethereum to dip to $1,600, with a stronger consensus against it at 69%. The Pulse AI also reflects a similar sentiment, suggesting a fairly balanced market with a slight edge towards the 'NO' outcome.

• 1 Current market sentiment leans towards Ethereum maintaining its value above $1,600.
• 2 The probability gap suggests a consensus against a dip, indicating stability.
• 3 Historical trends show Ethereum's price fluctuations are influenced by broader market conditions.
• 4 Liquidity appears adequate, allowing for smooth trading without drastic price shifts.
• 5 Time to expiry is relatively short, increasing the urgency for market participants.

This market will immediately resolve to "Yes" if any Binance 1 minute candle for ETH/USDT during the month specified in the title (from 00:00 AM ET on the first day to 11:59 PM ET on the last), has a final Low price equal to or lower 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 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.