Ethereum next move: Pump to $3K or Dump to $1.5K?
·Crypto### **Market Details:** - **Market Close:** This market will only be closed once a resolution is achieved. - **Resolution Deadline:** The resolution will be determined as soon as an outcome is reached. - **Pump Target:** $3,000.00 - **Dump Target**: $1,500.00 ### **Resolution Criteria:** - The market resolves based on which condition is met first: - **“$3K”** if the ETH/USDT price on Binance reaches or exceeds the Pump Target. - **“$1.5K”** if the ETH/USDT on Binance drops to equal or below the Dump Target. ### **Resolution Details:** The market resolves based on the Binance ETH/USDT spot price, using the 1-minute chart with the following specifications: - 1-minute timeframe ("1m"). - Trading View. - "Close" price of each candle. Only the price of ETH/USDT as quoted by Binance (spot market) will be considered. ### **Cancellation (Invalidity) Conditions:** - The ETH/USDT spot market on Binance is suspended or becomes unreliable. - The Binance platform is unavailable or experiences significant disruptions. - Any circumstance prevents reliable price tracking. - Myriad Markets undergoes a change in its contract that demands a cancellation of all active markets, or a similar significant technical change. In the event of cancellation, participants may claim their stakes at the market value of their open positions at the time of cancellation. This could result in a profit or a loss, depending on the price of their outstanding shares.