Will Ethereum reach $2,200 June 1-7?

What this market is about

The outcome is tied to Binance’s ETH/USDT 1-minute candlestick data, using the candle "High" field during the window from 12:00 AM ET on June 1 through 11:59 PM ET on June 7. If any one-minute candle on that pair reaches $2,200 or higher, the market resolves "Yes"; if not, it resolves "No." The end date shown on the page is June 8 at 04:00:00 UTC, which matches the close of the stated U.S. Eastern time window.

Why the market exists

Ethereum is a major crypto asset, so a round-number threshold like $2,200 often becomes a focal point for traders watching momentum, resistance, or a rebound from lower levels. The uncertainty here is not whether Ethereum exists or whether the market is active, but whether Binance’s ETH/USDT price will briefly trade high enough during that exact week to touch the target. That makes the disagreement less about long-term fundamentals and more about short-term price action and exchange-specific data.

What can move the price

The main driver is simple: any move in ETH/USDT on Binance that pushes a 1-minute candle high to $2,200 or above immediately changes the market from a losing to a winning outcome. Fast swings caused by broader crypto market rallies, Bitcoin-led moves, exchange-specific volatility, or thin liquidity around a sharp burst upward can all matter because the rule cares about the candle high, not the closing price. Since the market is already trading near the low end of the range implied by the listed prices, even a brief spike can be decisive.

How to read the current probability