Polymarket and Kalshi Perpetual Futures Expansion

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The launch of perpetual futures by Polymarket and Kalshi is expected to increase liquidity for BTC and draw in a new segment of investors. However, current technical indicators—RSI at 43, a negative MACD, and the price trading below both the 20‑period and 50‑period simple moving averages—suggest a modest short‑term downward pressure. Consequently, the news may generate a limited short‑term rally, but a significant move is not anticipated.

The recent introduction of perpetual futures markets for Ethereum (ETH) by Polymarket and Kalshi is expected to add liquidity and trading volume to the asset. This development could provide short‑term support for the price while simultaneously increasing volatility. Technical indicators suggest a modest bullish bias: the Relative Strength Index (RSI) sits at 45, and the MACD line is positioned above its signal line. However, the market has yet to establish a clear directional consensus, implying that any price movement may remain limited. Overall, analysts anticipate a slight upward pressure on ETH over the next one to three days.