This is the news everyone has heard:
"The Ethereum blockchain’s Merge is officially underway and will likely kick in sometime between Sept. 13-16. The Bellatrix upgrade – the network's final "hard fork" before the Merge – was activated on Tuesday, marking the beginning of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoS)."
Market seems to be optimistic about the merge for now. ETH prices right now is 1726$. A +6% change in the last 24h and projecting toward 2000$.
I don't know how the merge will go. Some think it will be great, some think it is ought to be a disaster. But I know one thing. It will keep going up due to hype at least until the merge is complete. And not only ETH but BTC and most alts are went up in the last few days. If the trend continues like this I will not be surprised if ETH hits somewhere around 2000$ in few days.
Now I don't know where it will stop. Or where the ceiling is (if such a thing is even possible). But I know for a fact that of you bought anything during the crash you have a chance to take a nice profit. And I do know that fundamentals are against the market so prices most likely will go down again.
So I think if at any point you can take a nice profit it is logical to sell and wait for the market to dive again and then buy more at a lower price. Ofc it is only my opinion and I can be a totally wrong. EtH at least on paper can keep going up even after the merge. All I am saying is you can consider this as a nice opportunity to ride the wave.
Have a great day/night
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