Ethereum Up or Down - October 28, 11AM ET
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Ethereum Up or Down - October 28, 11AM ET
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AI Analysis
Trader mode: Market mechanics, assumptions and risks
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Reported volume · provider units
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Same-question pairs
Source snapshot: Oct 28, 2026, 12:00 PM UTC
About This Event
This market will resolve to "Up" if the close price is greater than or equal to the open price for the ETH/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the ETH/USDT pair (https://www.binance.com/en/trade/ETH_USDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance ETH/USDT, not according to other exchanges or trading pairs.
This analysis is awaiting a background update, so its prices may be older than the odds above.
Snapshot observed 2026-10-26T18:00:06.173Z. This analysis describes that snapshot and is not a live news update.
What the contract measures
The market, titled "Ethereum Up or Down - October 28, 11AM ET," is categorized as Crypto [1]. It resolves to "Up" if the close price is greater than or equal to the open price for the ETH/USDT 1 hour candle that begins at the time and date in the title. Otherwise it resolves to "Down" [1]. The resolution source is Binance ETH/USDT, and the rules state that the market "is about the price according to Binance ETH/USDT, not according to other exchanges or trading pairs" [1]. Readers comparing this with other ether price contracts should check whether those contracts use the same exchange, trading pair, and candle definition.
The listed end time is 2026-10-28T16:00:00.000Z [1]. The title uses 11AM ET, so readers should reconcile the listed UTC time with the candle definition before relying on either. The rules say the open and close will be used "once the data for that candle is finalized" [1]. The listed end time is a contract closing reference, not a record of when that data was finalized.
Reading the snapshot
The saved snapshot lists the Up outcome at 0.5 and the Down outcome at 0.5 [1]. The provider observation time is 2026-10-26T18:00:06.173Z, and the source was retrieved at 2026-10-26T19:49:59.986Z [1]. These are the times of the saved record, not the present. The prices describe quoted levels at that moment and are not executable quotes or verified probabilities.
The sample covers one market from one provider event, and all saved markets for that event are included. The sample is not partial [1]. The evidence contains no volume figures, so it says nothing about liquidity or the number of traders. Equal prices in this snapshot do not indicate how the candle will move, and the evidence gives no reason for the prices.
What remains uncertain
The evidence does not include the candle's open or close values, a final resolution, or any price after the observation time. The provider status was "active" when retrieved [1], but the evidence does not show whether the market is trading today. No other platform appears in the sample, so no cross-platform comparison is possible.
References
- Polymarket: Ethereum Up or Down - October 28, 11AM ET. Provider data observed 2026-10-26T18:00:06.173Z.
AI-generated analysis based on market data. Not financial advice.
Saved Oct 26, 2026 UTCOverview
This contract is an hourly price-direction market on Ethereum, listed on Polymarket under the title "Ethereum Up or Down - October 28, 11AM ET" [1]. The market resolves to "Up" if the close price is greater than or equal to the open price for the ETH/USDT 1 hour candle that begins at the time and date in the title. Otherwise it resolves to "Down" [1]. Because the comparison is between a candle's close and its open, a result depends only on whether that hour's price finished at or above where it started, not on any broader move in the market. The contract names Binance as its resolution source, specifically the ETH/USDT pair [1]. The open and close values shown at the top of the Binance chart for the relevant "1H" candle are the figures used, and they are read once the data for that candle is finalized [1]. The rules also state that the market concerns the price on Binance ETH/USDT, not prices on other exchanges or trading pairs [1]. A reader comparing this contract with ETH prices quoted elsewhere should therefore expect that other sources may show different figures. The listed end time in the source is 2026-10-28T16:00:00.000Z [1]. This is the contract's stated closing time. It is not a record of when the contract resolved, and the source does not report a resolution outcome. The most recent snapshot in the source shows the "Up" outcome at 0.5 and the "Down" outcome at 0.5, with the provider status listed as active [1]. These are prices recorded at the observation time, not executable quotes or verified probabilities of the outcome.
Why It Matters
The contract measures a single, narrowly defined question: whether the ETH/USDT price on Binance finished its specified one-hour candle at or above the level at which it opened [1]. The rule that a close equal to the open counts as "Up" means ties are resolved in favor of "Up" [1]. Because the outcome is fixed by one exchange's chart, the rules control the result more than general market commentary does. Anyone reading the contract's price should keep in mind that it reflects only the observed snapshot of the two outcomes [1].
Snapshot context
The latest published provider snapshot for this topic was observed on 2026-10-26 at 18:00 UTC. It contains listings from Polymarket. Market descriptions and listed closing times define the contracts; they do not establish that the real-world outcome has occurred. This article does not include a separately verified news update. [1]
Frequently Asked Questions
What determines whether this contract resolves Up or Down?
It resolves to "Up" if the close price is greater than or equal to the open price for the ETH/USDT 1 hour candle that begins at the time and date in the title. Otherwise it resolves to "Down" [1].
Which price data is used for resolution?
The resolution source is Binance's ETH/USDT pair. The open and close displayed for the relevant 1H candle are used once that candle's data is finalized [1].
Do prices on other exchanges affect the outcome?
No. The market is about the price according to Binance ETH/USDT, not other exchanges or trading pairs [1].
What does the listed end time mean?
The source lists an end time of 2026-10-28T16:00:00.000Z [1]. This is the contract's listed closing time, and the source does not state when or how the market resolved.
AI-written background. References identify the evidence used; Wikipedia links under Learn More are additional reading. Prices and provider rules are dated snapshots. This is not financial advice.
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