Polymarket market puts ETH odds of hitting $2,000 in July at 26%

PPP, a prediction market tracking tool, showed a sharp shift in odds on Polymarket’s market for whether Ethereum will reach certain price levels in July. In that market, the probability of ETH touching $2,000 stood at 26%, down 46% over the past 24 hours. By contrast, the probability of ETH falling to $1,800 was reported at 43%, up 28% over the same period. The market’s settlement rule is tied to Binance’s ETH/USDT trading pair. Specifically, the outcome is determined by the highest price recorded on the 1-minute candlestick chart for that pair. That rule matters because ETH came close to the $2,000 threshold yesterday, rising to as high as $1,981 before reversing. After that brief push higher, ETH retreated quickly and has since fallen below $1,900, according to the report cited by ChainCatcher. The latest probabilities reflect that price pullback, with odds for a move to $2,000 dropping while the market assigns a higher chance to a decline toward $1,800.