[POLL] After the merge the price of Ethereum will go?

[chaser15]

The update was done and as expected by many, the price will start to drop since many will sell against the news and with this update, you can’t feel it right away. We’ve seen the good pump already on a pre-update news, but now we are now seeing investors taking profit. We might not be able to see ETH to pump right away, the market is down though and it’s not easy to see huge pump on a bear market. This merge is still a huge update, price will start to pump eventually.

I think that is something not related that many sells against the news. That's not the reason for the drop.

The reason is, that the market is still currently in part of the bear trend where most coins are just swinging.

It's hard to build a hype in an altcoin when the whole market is not in a good phase. The merge shouldn't be mistakenly considered as a reason why ETH price should pump eventually. It's an upgrade and part of development, not a market-related activity that can be a reason for a pump.

[1714070980]

1714070980

[kotajikikox]

The update was done and as expected by many, the price will start to drop since many will sell against the news and with this update, you can’t feel it right away. We’ve seen the good pump already on a pre-update news, but now we are now seeing investors taking profit. We might not be able to see ETH to pump right away, the market is down though and it’s not easy to see huge pump on a bear market. This merge is still a huge update, price will start to pump eventually.

with this data just for today ?

(24h Low / 24h High   $1,456.90 /$1,644.23)

I think indeed that like what many expect ? it will go down ways and will be on the crisis from this day towards.

yes there might be a increase or something to growth but not this coming weeks, the merge will continues to decline Ethereum market as people who holds will take this opportunity to sell or at least keep on hold.

[n0ne]

Price tanked but it doesn't look big due to the current bear market conditions, maybe the accumulation point will be held by bulls in near future. But the news sell the fact strategy has been proven by market makers, so I didn't expect huge spike on the charts for mentioned reason.

The price have dropped down after the merge is being done. Over time we can expect the market to experience positive changes. As mentioned ethereum will be in its accumulation stage. Huge spike in a short won't happen and I believe there exists a better buying choice same as that happened when price touched $900.

[GreatArkansas]

I was curious why whole cryptocurrency market is whole down which only Ethereum has this huge Event (The Merge).
This seems to be expected by the majority, succeeds or failed or if got something issue on The Merge, the market is expected to dump.
Overall, this is still good, this dump for me is just for the short term.

[bounceback]

Even though the merger has been completed, today the price of ethereum coin is still trading at the level of $1.4k, so from this we can conclude that although the merger is the most eagerly awaited event by ETH fans, it unfortunately does not have a positive impact on the price movement of ethereum. Whereas before the merger, the ETH coin was bullish and managed to reach the level of $1.7k, but after the merger the price of the coin suddenly dropped to $1.4k due to simultaneous sales by investors.

[btc78]

Ethereum price down after merge which was expected before merge. New coins has been airdropped to Etherum holders and POS users sold their Ethereum also . Now Ethereum goes down below 1450$ which is low price in 39 days .

yes ,  though in other threads the post recently talks about the increase when the merge takes place but since it is already here? look what happened and what is running towards Ethereum.
though staying at 14 hundreds ? still strong for the the said downtrend that will take part when this comes.

[Detritus]

As we approach the Ethereum merge (approximately 27 hours away) I'm curious what the community thinks the price will do.  Do you think the merge will cause a lot of selling as people look to book profits, or will people buy up all they can to enjoy the higher staking %?  Who knows what will happen.  Maybe this community?

Be sure to vote which way you think it will go, even if you're not sure. 

ETH Will go down.
I did not see this thread early enough but I voted Ethereum price down before the Merge, I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.

[Tony116]

As we approach the Ethereum merge (approximately 27 hours away) I'm curious what the community thinks the price will do.  Do you think the merge will cause a lot of selling as people look to book profits, or will people buy up all they can to enjoy the higher staking %?  Who knows what will happen.  Maybe this community?

Be sure to vote which way you think it will go, even if you're not sure.  

ETH Will go down.
I did not see this thread early enough but I voted Ethereum price down before the Merge, I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.

Congratulations, you have got the correct speculations to bring in profit. Before the merger, a lot of people were hold their ETH instead of selling it because they hoped to get the new coin, ETHW, and those who didn't sell their ETH also profited from the merger.

Ethereum has dropped below 1500$ as you predicted, have you started buying back ethereum? Or you have lost interest in ethereum because it is no longer a POW coin.

[Wiwo]

The are no two ways about it the merge will affect the price for some time, but that should not be something that will last long currently ethereum is around $1374 a price that is -6.74% below it 24 hours level and that is a sign that the merge did not have too much negative impact on the price of it here. But in the coming days, things may change and the price is expected to move in a positive direction since the network has merged successfully there is no assurance that anyway, the only aspect that will impact is the energy consumption that will be eliminated with the proof of stake algorithm.

[eaLiTy]

~
 I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.

I would say you held on to the coin a bit longer as i sold them double the current valuation last year and i am yet to enter once again because i was waiting for the market to go down further below $1000 but now i have to rethink again about entering again since it migrated to POS. franky1 made a great calculation about the price after the migration and it makes sense and it would be better to stay away from Ethereum as you can expect the price to go down further .

[lalabotax]

ETH Will go down.
I did not see this thread early enough but I voted Ethereum price down before the Merge, I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.

Yes, the price is likely to continue decreasing although there is the Merge news.
The current price of ETH is already about $1.3k and it seems very possible to drop more to $1.2k. You are lucky that you already sold your ETH with the price $1.7k+. The Merge news didn't impact significantly ETH price improvement.

[mbakruroh]

Do you think the merge will cause a lot of selling as people look to book profits, or will people buy up all they can to enjoy the higher staking %? 

People hoped that after the merger of Ethereum the price would increase, but in fact this did not make the price of Ethereum reversed from the price of crypto in general. If we check the current exchange, 98% crypto drop. The market is currently being dominated by stablecoins. Maybe only the market capitalization of Bitcoin can survive, while Alt is one by one taken over by stablecoins.

[Xal0lex]

Too bad the results of the vote are not visible, but somehow I'm sure that the majority voted for growth. Growth did not happen, the merger passed, and the community is in such a mood, as if it never happened. The hype surrounding the merger was greater than the merger and its aftermath.  Now the price broke the support line and went down. There is a chance that ETH will soon be trading at ~$1000.