SimpleFunctions
Winner-take-all answer·11 source contracts·Kalshi 11·refreshed just now·Closes Jan 1, 2027 · 148d

Where is Ethereum price heading?

Leader sits at 13% across 11 bound outcomes, runner-up at 11%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

13%

1,750 to 1,999.99

runner-up 11¢leader 13¢

Outcomes

11

winner-take-all

Runner-up

11¢

2,000 to 2,249.99

Spread

2pp

contested

24h volume

$339

thin orderbook

Closes

Jan 1, 2027

148 days

Venue

Kalshi

11 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday1,750 to 1,999.99: 13% (26 days, 14 points)1,750 to 1,999.99: 13% on 2026-08-042,000 to 2,249.99: 12% (26 days, 20 points)2,000 to 2,249.99: 12% on 2026-08-04999.99 or below: 12% (26 days, 20 points)999.99 or below: 12% on 2026-08-01
1,750 to 1,999.9913¢2,000 to 2,249.9912¢999.99 or below12¢
Top 3 candidates by current price · 26d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This represents an 13% probability that Ethereum will trade between $1,750 and $1,999.99 on January 1, 2027—currently the single most likely outcome among 11 discrete price ranges. The central question is whether ETH remains near current levels or moves significantly higher or lower over the next five months. Market participants are pricing meaningful downside risk (22% combined probability below $1,250) alongside upside potential (19% combined probability above $2,250), reflecting uncertainty about macroeconomic conditions, regulatory developments, and Ethereum's competitive position in decentralized finance. The distribution suggests no outcome commands strong conviction; the leading scenario captures only 13 cents on the dollar. Key catalysts include major protocol upgrades, institutional adoption announcements, and broader cryptocurrency market movements tied to Federal Reserve policy and bitcoin price action, which typically drive correlated moves in major altcoins.

  • Current ETH spot price relative to $1,875 midpoint of leading contract; any move above $2,000 or below $1,600 would shift probability mass significantly
  • Regulatory clarity on Ethereum's classification as a commodity or security in major jurisdictions, particularly the United States
  • Comparative performance of rival smart-contract platforms (Solana, Sui, Monad) and shifts in developer migration or token liquidity
  • Federal Reserve monetary policy trajectory and risk-asset appetite, which historically correlate with altcoin valuations
  • Concrete milestones in Ethereum's scaling roadmap (Dencun adoption, EOF deployment) that could affect transaction costs and user growth metrics

Recently closed in bitcoin

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: just now.