Friendly reminder: the merge date will GUARANTEED have high volatility

The merge confirmed by Vitalik is expected to happen around September 13-15.

And coincidentally it’s the exact same date that releases CPI numbers, an indicator that is the reason for recent sell offs. Pretty much all investors and institutions are interested in that number.

Looking at the past performance CPI date releases ALWAYS shakes up the stock and crypto markets.

last CPI release BTC pumped +3.72% & ETH +6.82% within a hour

The month before that release BTC dropped -3.43% within a hour just to recover and actually pump way higher hours after.

So for those of you who think “the merge won’t do anything to the price” it’s almost guaranteed that these days will have high volatility. I’m personally really hyped to trade but also hope to catch some really cheap ETH in case it dumps heavily.

If CPI numbers turn out better then expected there is a chance we’ll see a crazy pump. FOMO will kick in and institutions will throw a lot of money into crypto when stock markets are recovering similar to the July rally.

On the other hand if CPI numbers turn out worse then expected you can almost guaranteed expect a dump in the stock market. Crypto usually does crypto things and might depeg and go it’s own way but most likely it’ll dump as well.

I trade myself every day and I highly recommend to stay away from high leverage if not any leverage at all. Yesterday was proof how quickly crypto can move. -2% in a single minute combined with leverage can easily trigger a lot of stop losses.

TL;DR: Get ready for a rollercoaster. Only a week left.

To all the people that DCA, don’t care and are here for the long term: enjoy the show!