Will Ethereum be at or above $2,400 on Sep 1?
Signal ended
Entry · YES71¢
PublishedSep 1
Sep 1 forecast
Ethereum trades above $2,400 with less than three hours remaining, so a $2,400-or-higher settlement at 5 p.m. EDT is highly likely.
Ethereum is currently $2,415.99 on the settlement basis, leaving a slim cushion above $2,400 with little time remaining. Every supplied intraday price observation is above the threshold, and the $2,400 area has contained declines for several days. An above-threshold settlement is therefore highly likely, although fading momentum and the narrow buffer leave meaningful risk from a sudden selloff.
Points to YES
- Ethereum is already above the settlement threshold with less than three hours remaining.On September 1, Ethereum's current settlement-basis price was $2,415.9899 with about 2.8 hours until settlement.
- The latest independently timestamped cash-market quote remained comfortably above $2,400.Bitfinex ETH/USD was $2,434.69995 at 17:12 UTC on September 1, about three hours and 48 minutes before settlement.
- The $2,400 level has repeatedly contained Ethereum's recent declines.As of September 1, Ethereum had closed between $2,400 and $2,500 for roughly 11 days.
Points to NO
- The current cushion is small enough for ordinary short-term volatility to erase.On September 1, Ethereum stood only about 0.66% above the applicable floor strike.
- Ethereum's late-August advance has lost momentum near the settlement window.By September 1, Ethereum had retreated from an August 27 high near $2,564 after buyers failed to extend the breakout.
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