Will Ethereum dip to $1,600 March 9-15?

Market shows low probability for Ethereum dipping to $1,600 this week.

The prediction market indicates a 0.65% chance of Ethereum dipping to $1,600 between March 9-15, with a strong consensus against this outcome. The Pulse AI also reflects a low probability of 4.15%, suggesting that the market is fairly priced with a confidence level of 60 out of 100.

• 1 Current market sentiment is heavily against a dip to $1,600.
• 2 Historical price trends suggest stability above the $1,600 mark.
• 3 Liquidity in the market appears sufficient to support current pricing.
• 4 Time pressure is limited with only 48 hours until expiry.
• 5 Market confidence is moderate, indicating some uncertainty in predictions.

This market will immediately resolve to "Yes" if any Binance 1 minute candle for Ethereum (ETH/USDT) during the date range specified in the title (from 12:00 AM ET on the first date 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" 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.