Will Ethereum be at or above $2,450 on Aug 29?

ResolutionAwaiting outcome

VenueKalshi

Signal ended

Entry · NO70¢

PublishedAug 29

Aug 29 forecast

Ethereum traded below the threshold after a sharp reversal, so a price at or above $2,450 at 5 p.m. is unlikely but still live.

Ethereum entered the final stretch below $2,450 after surrendering an earlier move above $2,500. The threshold remains close enough for a rapid rebound, and sustained fund inflows provide support, but stretched momentum, a weakening short-term trend and persistent inflation pressure favor a below-threshold fixing.

Points to NO

A sharp reversal from above $2,500 left Ethereum below the threshold, making a durable recovery before the fixing harder.
On Aug. 28, ETH/USD was $2,428.69 after opening at $2,510.95 and falling 3.26% during the day.
Stretched momentum and softening short-term signals increase the risk that sellers cap any attempted rebound.
On Aug. 28, daily RSI was 75.79 while hourly and 15-minute momentum was flat to soft, including a minor bearish moving-average cross.
Sticky inflation and an unchanged policy rate constrain risk appetite, reducing the chance that broader conditions power a late crypto rally.
On Aug. 28, consumer inflation was reported at 3.4% and PCE inflation at 3.7%, while the Federal Reserve had held its benchmark rate unchanged for five meetings.

Points to YES

The threshold remains within the recent intraday range, so ordinary volatility could still carry Ethereum back above it.
On Aug. 28, ETH/USD traded between $2,408.17 and $2,534.24, crossing the $2,450 threshold during the session.
Persistent investment-fund inflows provide a source of demand that could support a late recovery above the threshold.
As of Aug. 28, U.S. spot Ether funds had attracted $1.18 billion over eight consecutive trading days.

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