ETH is leading the market to a monthly high...

[tvplus006]

...Also, it appears that the price of ETH is starting to fall.

This is a common thing when a coin is sent for correction after a rapid growth. For those who did not have time to buy Ethereum at the lowest price, there will still be an opportunity to purchase it for $1300 as part of today's correction. Let's hope that the date of Ethereum transition to POS will not be postponed once again, otherwise we may see lower prices.

[icalical]

I think this is a classic buy the rumor and sell the news, the rumor of September merge has made the ETH price gone up, and since ETH has been independent from Bitcoin, meaning that it has many Fiat pairs in many exchange so it won't be affected nor affect the bitcoin price. And I also think that because of the merge, people now prefer speculating on ETH rather than BTC.

[justdimin]

I think this is a classic buy the rumor and sell the news, the rumor of September merge has made the ETH price gone up, and since ETH has been independent from Bitcoin, meaning that it has many Fiat pairs in many exchange so it won't be affected nor affect the bitcoin price. And I also think that because of the merge, people now prefer speculating on ETH rather than BTC.

I feel like September news wouldn't really impact it right now. I mean sure it would have a "little" impact, but not a lot, it would be boring news for the time being. ETH has been saying merge for like 2 years nowadays, and that's why it's not really a "news" if you ask me. It's definitely something that we could see right now, but shouldn't be happy about just yet.

The whole market went up, it was just a big pump, and that is why ETH went up as well. People were talking about 800 or under possible for this month or not, and we have seen double of that right now, which should tell people that it's actually a bull period, or at least start of a bull period for the time being.

[MFahad]

Ethereum is sitting on a daily support/resistance at 1542, which dates back to 2021. 5o% from the high of Nov 21 I about 2500, so we have a long way to go. Still, 927 to get there. The current SUpport resistance is holding, I suggest waiting for the market to tell us what is happening rather than panic about another crash. It has been a strong move up, so we can expect a pullback before it moves further (if it does).

[GreatArkansas]

ETH is leading the market to a monthly high, while BTC dominance has dropped to its lowest level in two months.

As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
(....)

This is expected. These are one of the many reasons why I converted my Bitcoins to Ethereum recently.
And another thing if you compare Bitcoin and Ethereum's at all-time-highs the percentage dropped from their all-time-highs, Ethereum is higher compared to Bitcoin. So I can consider, that I am expecting more ROI for Ethereum if we will visit an all-time-high again.

[RussiaUkraineTranslation]

ETH is leading the market to a monthly high, while BTC dominance has dropped to its lowest level in two months.

As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
(....)

This is expected. These are one of the many reasons why I converted my Bitcoins to Ethereum recently.
And another thing if you compare Bitcoin and Ethereum's at all-time-highs the percentage dropped from their all-time-highs, Ethereum is higher compared to Bitcoin. So I can consider, that I am expecting more ROI for Ethereum if we will visit an all-time-high again.

I actually did the opposite, I sold my Ethereum for Polygon and I'm going to do the MAXX Finance free claim using my MATIC to get extra funds. Ethereum just released their roadmap, 100k TPS by 2032. Polygon and other chains like HBAR will get to 100k TPS by 2023. I don't have much faith in Ethereum as an L1 network.

[zasad@]

ETH is leading the market to a monthly high, while BTC dominance has dropped to its lowest level in two months.

As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
(....)

This is expected. These are one of the many reasons why I converted my Bitcoins to Ethereum recently.
And another thing if you compare Bitcoin and Ethereum's at all-time-highs the percentage dropped from their all-time-highs, Ethereum is higher compared to Bitcoin. So I can consider, that I am expecting more ROI for Ethereum if we will visit an all-time-high again.

I actually did the opposite, I sold my Ethereum for Polygon and I'm going to do the MAXX Finance free claim using my MATIC to get extra funds. Ethereum just released their roadmap, 100k TPS by 2032. Polygon and other chains like HBAR will get to 100k TPS by 2023. I don't have much faith in Ethereum as an L1 network.

The ethereum ecosystem does not need to have a large TPS. Layer 2 solutions will perform all the necessary tasks, and the interaction between ecosystems will go through bridges. This will give more protection against various failures.

[Pujangga]

I think the king of cryptocurrencies is ethereum, although many say that bitcoin is the best but if all tokens are ERC-based then bitcoin is only 20%, and the market is moving positively until now of course because of the role of ETH and I agree that ETH is the leading market.

[Argoo]

$1000 to $1400+ in 5 days. 
Let's just say it will be expected to be done this year instead of confirming exact dates.
As I checked different sources some say September 19th but there is no finalization about it. I am expecting they will keep on moving the date just to be sure it will be perfect.
Demand is soaring but I am not riding it anymore. I am glad about what I have. FOMO for new investors.

The price of ethereum continues to rise and is now at $1,580, up 30 percent in the last week. Bitcoin has grown by only 11 percent during this time. Therefore, it is not entirely important whether the merger occurs on September 19 or a month or several months later. Most importantly, investors understand that this coin will be updated very profitably in the near future and will grow well in price.

[Gayong88]

We should wait and see how the merger affects the market in the future.

Also, it appears that the price of ETH is starting to fall.

Today the price of ETH is having a strong rally and it is possible to experience some increase as well next month. In my opinion, you should buy as much as possible now, because the cryptocurrency market is very volatile. The most important fact is that the implementation of the merger works in the future market. If that happens then a lot of premonitions can come true.

[mRTHroo]

Yes, it is true that when the price of ethereum, it affects all other coins to some extent. Then one thing should always be kept in mind: Bitcoin is the number 1 coin in the currency market. And as it grows, it has the biggest impact on other tokens. But the price of ethereum came down the lowest but the price of ethium has increased a lot in the current time. Another thing can be said that the price of ethereum will not decrease but will continue to increase. Current price of ethereum  15k.

[RussianEnglishTranslation]

Yes, it is true that when the price of ethereum, it affects all other coins to some extent. Then one thing should always be kept in mind: Bitcoin is the number 1 coin in the currency market. And as it grows, it has the biggest impact on other tokens. But the price of ethereum came down the lowest but the price of ethium has increased a lot in the current time. Another thing can be said that the price of ethereum will not decrease but will continue to increase. Current price of ethereum  15k.

Yes, money flows from stablecoins to BTC, to ETH, then to medium cap alts, then to microcaps like ATRI, CNDL, and 0xMR. You need to be in each category before the market flips to that category... if that makes sense. If there is a dip in the market, the process reverses temporarily.