The market shows a low probability for Ethereum to dip to $1,700 this week.
Currently, the prediction market indicates a 2.35% chance of Ethereum dipping to $1,700 between March 23-29, while the Pulse AI suggests a slightly higher probability of 5.85%. With a confidence level of 60/100 and an edge of 3.5, the market appears to be fairly priced, reflecting a strong consensus against the dip occurring.
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.