Understanding "Momentum" in Kalshi Contracts
Hey everyone, diving into Kalshi contracts, I've been thinking about how "momentum" applies here compared to traditional markets. For instance, in $EMQQ, we see its day range of $33.475–$33.775, and if it breaks out, we might talk about momentum carrying it further. On Kalshi, how do you all think about an event contract building 'momentum' towards a certain outcome, especially as the expiration approaches and the probability shifts dramatically? It feels different when the outcome is binary.
That's an interesting comparison. While traditional momentum relies on price action, Kalshi's 'momentum' seems more tied to information flow and how new data shifts perceived probabilities, rather than a trend continuation in price movement. It's more about informational efficiency, I think.