How to read a Kalshi market.

Kalshi markets are event contracts. The core question is usually binary: will the event happen or not?

A Yes price near 60 cents means the market is roughly pricing the event near 60 percent before fees and spread. The useful work is not staring at the number. The useful work is asking what makes Yes reasonable, what makes No reasonable, and what facts could move the price.

• Read the exact market question.
• Check the resolution source and date.
• Compare Yes and No arguments.
• Look at price movement, volume, and liquidity.
• Track what catalysts could change the thesis.