Predicting market reversal: 24-hour change in Polymarket’s “BTC 8/8 Rise/Fall” probability is 30.00%

Polymarket data shows the probability of BTC rising on Aug 8 surged 30% in 24 hours to 78.5%, indicating a sharp rise in short-term bullish sentiment.

The current probability for the “Bitcoin price movement on August 8” event on Polymarket is 78.5%, with a 24-hour fluctuation of +30.0%. This significant increase in probability reflects rising short-term bullish sentiment in the market, with capital flows clearly leaning toward bullish expectations, which is consistent with the overall improvement in the risk-on attitude toward crypto assets recently.