The New York Knicks' third-seed finish and dominant playoff run, including sweeps of the Atlanta Hawks and Philadelphia 76ers, positioned them as the clear favorite to reach the Eastern Conference Finals, reflected in trader pricing. Cleveland's fourth-seed status and seven-game upset over the top-seeded Detroit Pistons created a competitive semifinal matchup, with the Cavaliers' recent form and home-court factors influencing implied probabilities. Boston's strong regular-season record offered another path, while Toronto, Atlanta, and Orlando's play-in outcomes added uncertainty to bracket scenarios. Roster health, particularly for stars like Jalen Brunson and Donovan Mitchell, along with schedule rest and head-to-head trends, shaped market movements ahead of conference semifinals.