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I just reviewed Polymarket, and the numbers for these coming weeks are interesting. BTC has a 32% chance of touching 80k in April, with quite a bit of volume moving on that bet (almost 28 million dollars). The bearish option (to fall below 65k) is at 14%, so most are betting on an increase in crypto price.
Something similar is happening with ETH. The $2,600 price has a 33% chance, moving about 6.65 million. What’s curious is that only 18% believe it will drop below 2,000. Basically, the market is betting on a higher crypto price for both by the end of the month.
The liquidation is on May 1 (11:59 UTC+8), so there are only a few days left for all of this to be resolved. It’ll be interesting to see how the predictions are positioned right now.