ETH at three digits when Bitcoin goes below 50K?
Rules
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.
- Observation Period: From the minute candle the Conditional BTC Target is hit on the resolution source until exactly 48 hours later.
- Resolution Time: 48 hours after the Conditional BTC Target is met or before during the Observation Period if the ETH Market Target is reached.
- Conditional BTC Target: $50,000.00
- ETH Market Target: $999.99
Resolution Criteria:
- The market resolves to “Yes” if ETH/USDT is at or below the ETH Market Target at any point during the Observation Period.
- The market resolves to “No” if ETH/USD is above the ETH Market Target during the entire Observation Period.
Resolution Details:
The market resolves based on the Binance ETH/USDT and BTC/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 and BTC/USDT as quoted by Binance (spot market) will be considered.
- The Observation Period will start at the exact 1-minute candle that the Conditional BTC Target was hit and last until exactly 48 hours later. For example, if the Conditional BTC Target is hit on March 31, 2026 at 11:32 PM UTC, all 1-minute candles until April 2, 2026 at 11:32 (including the last candle) will be subject to this markets resolution.
- The ETH Market Target being hit outside of the Observation Period will not have any influence on the resolution of this market.
Cancellation (Invalidity) Conditions:
- The BTC/USDT or 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.
- Myriad Markets decides it is time for this market to cease to exist.
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.
