Data from Polymarket, the leading cryptocurrency price prediction platform, suggests that Ethereum, the second-largest cryptocurrency by market capitalization, would trade between $2,400 and $2,500 as of Tuesday, July 1, 2025.
Source: Polymarket
Polymarket’s chart reveals four ranges with different probabilities for Ethereum’s price. Although the $2,400 – $2,500 range has a 44% chance of fulfillment, making it the most likely price region for Ethereum in the next 24 hours, the platform’s data shows a 35% chance that ETH could climb above $2,500 within the period under review.
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In the meantime, there is a 17% chance that the leading altcoin could experience a price decline and trade between $2,300 and $2,400 in the next 24 hours. However, Polymarket’s worst-case scenario indicates a minimal 3.5% chance of a price crash that could see ETH’s price fall into the $2,200 – $2,300 range.
How Does This Align with the Price Chart?
According to data from TradingView, Ethereum’s price was $2,475 at the time of writing. The cryptocurrency is retesting the mid-range resistance of a Fibonacci retracement after an impressive rebound. It is worth noting that Ethereum’s current price region has been a significant support for the cryptocurrency over the past two months.
Dropping below the $2,475 region was a notable pullback for Ethereum. Likewise, establishing a break above this level in the ongoing resurgence would be significant in the cryptocurrency’s future price trajectory.
The Broader Market Context
Polymarket’s odds support Ethereum’s current bullish sentiment. However, a sideways trend in the next 24 hours would align with the prediction platform’s forecast.
In the meantime, reviewing a higher timeframe highlights Ethereum’s impressive behavior in the last three months. The flagship altcoin has surged 110% after crashing to a $1,383 yearly low in the first week of April.
Related: ETH Price Holds Flatline Even As BlackRock’s ETH Stack Hits $74 Million
The latest rebound marked the return of investors’ confidence and the beginning of a momentum build-up. Hence, Ethereum could aim for higher targets if it sustains the trend and breaks above the $2,475 resistance.
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