More than just an upgrade. The Ethereum Merge is set to alter the crypto landscape in ways few may realize.
regarding miners resisting the change and continuing with a forked PoW version of Ethereum, but the main Ethereum blockchain will be the PoS one without miners.
As with many events in crypto, traders are looking to capitalize on competing predictions. One wild card, however, is the downward price action the crypto market has already suffered, which makes it more difficult to make any prediction with certainty.If you’re looking to capitalize on bullish investor sentiment ahead of the Merge, there is a case to be made for holding regular ETH, which is also known as holding “spot.
A third alternative, considering the market’s volatility, is to “sit” in stablecoins. This is a reasonable approach if you don’t feel a great amount of confidence in the direction the market may take next. When it finally breaks out — which it will — you can attempt to capitalize on the extreme movement. If the price of ETH drops back to $880 — which it reached in June — you may want to go long. Or if it explodes to obscene heights, you may opt to go short.
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