Bit of a bump on the road, today the market seems mostly bearish but overall sentiment is optimistic again.

Polymarket traders are fairly certain that we’ll hold 70k for the next 7 days.

The spread is wild mid week, bids and ask about 3-4 cents apart on the worst levels but still solid.

I am getting cautiously optimistic again, however, at 72k currently, I find that 95% chance that we’ll stay above 68k, so nearly certain is a bit of overconfidence on the bulls side. What are your thoughts?

Interestingly, as in the past few months, relatively speaking people are more bullish (or less bearish) on ETH, at least on polymarket.

submitted by /u/obolli [link] [comments]

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