Will the price of Ethereum be greater than $2,400 on March 8?

The market strongly favors Ethereum staying below $2,400 on March 8.

Current market probabilities indicate a 99.95% likelihood that Ethereum will not exceed $2,400 by March 8. The Pulse AI also supports this view, albeit with a slightly higher probability for a YES outcome at 1%. The edge of 0.95 suggests that the market pricing is fairly aligned with the predicted outcome.

• 1 Market sentiment is overwhelmingly bearish on Ethereum's price movement.
• 2 The low probability for a YES outcome indicates minimal investor confidence.
• 3 Historical trends suggest Ethereum has struggled to maintain high price levels recently.
• 4 Liquidity in this market appears stable, reflecting consistent participant interest.
• 5 Time to expiry remains unknown, which may affect volatility and sentiment.

This market will resolve according to the final "Close" price of the Binance 1 minute candle for ETH/USDT 12:00 in the ET timezone (noon) on the date specified in the title. Otherwise, this market will resolve to "No".

The resolution source for this market is Binance, specifically the ETH/USDT "Close" prices currently available at https://www.binance.com/en/trade/ETH_USDT with "1m" and "Candles" selected on the top bar.

If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.

Please note that this market is about the price according to Binance ETH/USDT, not according to other sources or spot markets.