The cryptocurrency community is sitting on the sidelines, worried about another crash in prices. If this happens, the odds of seeing new 4-year low prices are very high. Ethereum made 100% gains recently when prices jumped from $1,000 to $2,000. However, despite the success of the recent Ethereum merge, prices sank again and settled at the current price of $1,350. Is the enthusiasm towards crypto and blockchain dying? Will Ethereum crash to 0 $? In this article, we take a closer look at Ethereum’s technicals while analyzing its fundamentals.
Ethereum Merge was a Success Despite Naysayers
The Ethereum Merge was one of the biggest recent events in both Ethereum and the cryptocurrency sector generally. For the first time, a functioning blockchain network’s consensus method was changed. This is still the case; it is the most well-known and second-largest blockchain after Bitcoin.
Diferiți utilizatori și investitori ai rețelei Ethereum au diverse obiective pentru fuziunea Ethereum. Un eșec catastrofal care ar avea un impact semnificativ asupra rețelei Ethereum a fost prezis de unii pesimiști. Alții care au investit au prezis o creștere a prețului după fuziune. Cei mai mulți participanți au fost probabil siguri că integrarea Ethereum va scădea fără probleme.