The Ethereum Merge should happen approximately one month from now. It sits at $1,891 as I write this.
I’m going to go out on a limb and predict that $ETH.X
threads the macro environment needle and sees a meaningful run-up leading up to the merge.
This could go sideways if:
- The market begins to believe that the Fed will raise interest rates faster than expected later in the year.
- If technical trouble arises
But this could go great if:
- The removal of structural sell pressure surprises short term traders and they realize all the lines in their charts need to be re-drawn because of new flow dynamics.
- Institutions realize that there is a 5.2% real yield (not nominal) to be had by staking $ETH.X . The highest real yield in crypto.
What am I missing?
Fill in the blank:
Nathan’s prediction will be wrong if ___