Closely matched trader odds around $4–$5 per hour reflect uncertainty over whether H200 rental rates will stabilize or continue declining through late October. Increasing Blackwell B200 supply is displacing Hopper-era GPUs on marketplaces and cloud providers, with recent reports showing H200 spot prices falling 30–40% in prior months amid expanded availability from neoclouds and hyperscalers. Sustained demand for memory-intensive AI inference and open-weight model training provides counter-support, while spot versus reserved capacity gaps and provider-specific premiums add volatility. Key swing factors include further Blackwell deployment timelines and any shifts in large-scale AI capex that could tighten or loosen near-term H200 liquidity.