Ethereum unlikely to reach $10,000 on Binance in 2025
Event Context
The cryptocurrency market is closely watching Ethereum's price trajectory as 2025 approaches. A specific prediction market has set a high bar for a 'Yes' resolution, requiring the digital asset to breach $10,000 on the Binance exchange within a defined 1-minute candle timeframe. This scenario is considered highly improbable given current market conditions and historical price movements.
The market's resolution hinges entirely on the 'High' price recorded on Binance's ETHUSDT 1-minute chart, excluding data from any other exchanges or trading pairs. The specified period for this event to occur spans from December 30, 2024, to December 31, 2025. The extremely low probability assigned to this outcome suggests that analysts and market participants do not foresee such a significant and rapid price surge for Ethereum within the given parameters.
Sources
Resolution Rules
This market resolves to 'Yes' if any 1-minute Binance candle for ETHUSDT between December 30, 2024, 21:00 ET and December 31, 2025, 23:59 ET shows a 'High' price of $10,000 or more. Otherwise, it resolves to 'No.'
Resolution Deadline
December 31, 2025
Market Source: Polymarket