Israeli airstrikes have continued in southern Lebanon, contradicting expectations of a US-brokered ceasefire extension. Prediction markets, showing a 100% likelihood of a Trump endorsement for a ceasefire by April 30, appear disconnected from the ongoing hostilities.

The continuation of military actions suggests a limited de-escalation. This contrasts sharply with market predictions for an Israeli x Hezbollah ceasefire and a suspension of the Lebanon offensive by April 30, which also stand at 100% certainty. The lack of trading volume in these markets indicates minimal active trader sentiment, potentially reflecting initial setups rather than current conviction.

Analysts are watching for official policy statements from the US or Israeli governments, particularly from the State Department or the IDF, that could signal a shift in operational language and influence market sentiment.