Ethereum Bearish Outlook? Polymarket Bettors Give Only 17% Chance of Hitting $3,000 by 2026
Prediction markets are flashing a warning sign for the second-largest cryptocurrency. High-stakes traders on Polymarket and Kalshi are currently split on Ethereum's trajectory, assigning a mere 17% probability that the token will reach the $3,000 milestone before the end of 2026.
This lack of bullish conviction comes as Ethereum faces immediate price pressure, trading near $1,860 after retreating from recent highs above $1,950. The massive volume of capital being staked on these outcomes highlights a growing divide between those betting on a $1,000 floor and those expecting a significant rally.
As of Saturday, July 25, Ethereum was trading near $1,860, down from a recent high of over $1,950 reached earlier in the week. With the market assigning only a 17% shot at the $3,000 level, the sentiment suggests that many large-scale bettors are bracing for a period of extended volatility or sideways movement rather than an immediate breakout.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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