Thoughts on ZARUSD and the SA Election odds

Watching the $ZARUSD today, seeing it dip further after yesterday's churn, definitely makes me reconsider some of the Polymarket positions related to the South African election. The market's reaction to the coalition talks, or lack thereof, seems to be driving some serious short-term volatility in the rand.

I'm curious how others are viewing the implied probabilities on Polymarket for the ANC's various coalition outcomes. Are we seeing a genuine shift in sentiment reflected in the currency, or is this just noise around the edges as negotiations drag on? Trying to gauge if this is a good spot to add to certain outcomes or if we're heading for more uncertainty. It feels like the market's pricing in more risk than it was last week.