Will Ethereum be at or above $2,480 on Aug 28?

ResolutionAwaiting outcome

VenueKalshi

Signal ended

Entry · YES37¢

PublishedAug 26

Aug 26 forecast

Ethereum is within a small move of the cutoff amid persistent fund inflows, so a price at or above $2,480 is favored.

Ethereum enters the final two days just below the cutoff but with strong recent fund demand, improving market conditions and a powerful weekly advance. Those forces favor another move above $2,480, although resistance near $2,500, overbought momentum and wide trading ranges leave substantial downside risk.

Points to YES

Persistent Ethereum-fund inflows provide fresh buying demand that can lift the price through the nearby cutoff before the deadline.
On August 25, an update reported one-day Ethereum-fund inflows of 44,600 ETH and seven-day inflows of 312,440 ETH.
The broader rally remains strong enough that a modest continuation would carry Ethereum above the cutoff.
Convex recorded Ethereum rising from $1,919.10 on August 18 to $2,472.22 on August 26, including a gain on the latest day.
Falling yields and rising technology stocks create a friendlier backdrop for risk assets, supporting another near-term Ethereum advance.
On August 25, Treasury yields fell while the Nasdaq rose, with the ten-year yield down to 4.645% at the reported update.

Points to NO

Concentrated selling near $2,500 and signs of exhausted momentum could reject another rally and pull Ethereum back below the cutoff.
On August 25, visible asks were concentrated at $2,500, and failure to reclaim that level was described as keeping short-term momentum bearish.
Ethereum remains below the required level, so buyers must produce another advance rather than merely preserve the current price.
On August 26, Grayscale quoted Ethereum at $2,469.05 after a session high of $2,470.08, both below $2,480.
Recent overbought readings make a sharp reversal plausible during the short remaining window, even if the larger trend stays positive.
An August 25 technical report placed Ethereum near $2,510 with deeply overbought daily momentum and a slightly negative short-term momentum signal.

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