Over the next several weeks, astronomers will be looking closely at an asteroid called 2024 YR4 that could be as big as a football field as they try to determine how likely it is to strike Earth in 2032.

Even the smallest odds of an impact sound alarming, but scientists’ ability to calculate them is actually good news.

The odds that asteroid 2024 YR4 could hit Earth in 2032 recently spiked from a little more than 1% to 2.3% as more observations are made.