Events
GroupPOLYMARKET
Event GroupPOLYMARKETCrypto
Ethereum Up or Down - March 1, 6AM ET
Total Volume
$34.21K
Events
1
Markets
1
Ethereum Up or Down - March 1, 6AM ET
Platform StatsQuick Platform Comparison
Polymarket
1
markets · $34.21K
Kalshi
0
markets · $0.00
Price Spread
0.0%avg
max 0.0%
Arbitrage
0
of 0 cross-platform
Volume DistributionTotal: $34.21K
100%
Polymarket leads
Price ChartMatched Markets Price Graph
1 market tracked
Ethereum Up or Down - March 1, 6AM ET
No data available
Single-Platform Markets(1)
| Market | Platform | Price |
|---|---|---|
| Poly | 33% |
AI Analysis
Trader mode: Actionable analysis for identifying opportunities and edge
33%
Top Probability
$34.21K
Volume
1
Markets
1
Platforms
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 t
What Prediction Markets Are Forecasting
Prediction markets currently give Ethereum a roughly 1 in 3 chance of closing higher than it opens for the specific one-hour window starting at 6:00 AM ET on March 1. With a 33% probability on the "Up" outcome, the collective intelligence of thousands of traders is leaning toward a slight downward or flat move for ETH in that hour. This shows a cautious, but not extremely bearish, short-term outlook for that precise moment.
Why the Market Sees It This Way
Two main factors are likely shaping these odds. First, the chosen time is in the early morning hours for the North American market and late morning in Europe, which is often a period of lower trading volume and volatility in crypto markets. Major price moves are less common during these hours compared to the overlap of U.S. and Asian trading sessions.
Second, the market for this event is relatively small, with about $34,000 wagered. This means it may be more sensitive to short-term noise or technical patterns traders see on the hourly chart rather than reflecting a strong conviction about major news. Traders might be looking at immediate resistance or support levels that ETH is testing as the clock approaches 6:00 AM.
Key Dates and Events to Watch
The only key moment is the market window itself: the single hour from 6:00 AM to 7:00 AM ET on Friday, March 1. Price action in the hours immediately leading up to this window will be the primary signal. A sudden spike or drop in the final 15-30 minutes before 6:00 AM could set the open price in a way that makes the outcome more predictable. No scheduled macroeconomic news or major Ethereum network upgrades are timed for this exact hour, so the forecast is mostly about pure market mechanics and momentum.
How Reliable Are These Predictions?
For very short-term, specific price movements like this, prediction markets are a gauge of trader sentiment rather than a crystal ball. They efficiently aggregate what people betting real money believe at that moment. However, forecasting a single hourly candle is notoriously difficult, similar to predicting a coin flip. Markets tend to be more accurate over longer timeframes or for binary events with clear catalysts. For this micro-event, the 33% probability mainly tells us that traders see no strong reason to bet on a rise during that particular quiet hour.
Current Market Outlook
The Polymarket contract for Ethereum's hourly price movement on March 1 at 6 AM ET shows a 33% probability for the "Up" outcome. This price indicates traders see a significant two-thirds chance that the ETH/USDT candle will close lower than it opens. With only $34,000 in total volume, liquidity is thin, meaning these odds are more sensitive to individual trades and may not reflect a deep consensus.
Key Factors Driving the Odds
The bearish tilt for this specific hourly window likely connects to broader market patterns. Major cryptocurrency price movements often align with the New York trading day open around 9:30 AM ET, which follows this 6 AM ET candle. Traders may be pricing in anticipated volatility or selling pressure leading into that session. Recent price action also matters. If Ethereum has seen a sustained rally into late February, short-term profit-taking at the start of a new calendar month is a common technical behavior. The market is essentially betting that this specific hour will act as a consolidation or pullback period within the larger daily trend.
What Could Change These Odds
A sharp, counter-trend move in the final hours before the resolution candle could rapidly shift probabilities. Unexpected news, such as a sudden regulatory announcement or a large, visible wallet transaction, could inject volatility and swing the hourly outcome. Since liquidity is low, a relatively modest capital inflow from a few confident traders could push the "Up" share price from 33¢ to near 50¢. The primary risk to the current bearish consensus is a strong bullish continuation from the preceding Asian trading session that simply extends through the 6 AM ET hour.
Analysis for a Thin Market
The $34,000 volume signals limited trader interest in this narrow event. This makes the market more useful as a sentiment indicator for very short-term traders than as a reliable probabilistic forecast. The 33% price is a snapshot of a small group's expectation, heavily influenced by technical analysis of hourly charts and typical intraday flow patterns. For someone researching this market, the key takeaway is not the specific 33% number, but the clear directional bias it reveals among active participants for that time slot.
AI-generated analysis based on market data. Not financial advice.