ETH $5K odds don drop to 26% as traders dey tey body
Ethereum chance wey e go reach $5,000 by end of August drop from 64% go 26% for Polymarket as volatility and macroeconomic wahala cool down correct better market hope. Dem dey bet say ETH go hit $4,800 before September too drop from 90% to 47%, but e still get 74% chance say e go pass $4,500 inside next two days. As at press time, ETH dey trade around $4,335, don drop pass 5% in 24 hours. Market platforms Kalshi and Polymarket show say dem dey reason well well after U.S. PPI data make price pull back from recent high. But still, Ethereum monthly gain pass 20%, institutional ETF money come pass $2.8 billion, and ETH/BTC strength show say long-term better movement fit still dey despite high futures wahala.
Neutral
Even though bearish bet dem on $5,000 ETH target don rise, Ethereum strong monthly performance, record ETF inflow, and good ETH/BTC ratio dey show say e get solid strength inside. Short-term wahala and cautious feeling fit make upside small and fit make market pullback small, but institution dem dey adopt and history of bullish cycles dey show say the outlook balanced. Traders suppose watch futures liquidation clusters for around $4,200 and $4,800 for chance to breakout or correction. Overall, this mix of cautious feeling and strong base show say market impact go neutral.