A MASSIVE DECREASE IN THE PRICE OF ETHEREUM IS TO BE EXPECTED.

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Some claim that the Ethereum merge, which is expected to go live in the coming weeks, is the most important change in blockchain history. Despite the fact that the merger will provide Ethereum some intriguing new capabilities, many investors are unsure of their sentiments toward the impending changes. Whatever perspective you take, you must keep in mind that Ethereum's results are not always obvious. Money has been flowing into the market at a higher rate than ever as the merger draws near. If you look at the open interest, you will notice that Ethereum dominates it and that the future position that is open is at an all-time high.

According to the open market, short sellers are currently bringing in the majority of the money going into the Ethereum market. You might be wondering why so many cryptocurrency investors are shorting Ethereum futures as we get closer to the Ethereum merging. Because they feared the merger might not work out, some investors, in my opinion, may be shorting Ethereum. If that happens, however, Ethereum's price may take a sharp decline. Some investors have taken a little risk by playing both sides because they believe Ethereum 2.0 may be another excellent example of buying the new and regretting it later.

Investors that have been using Ethereum for a longer period of time are eligible for the Ethereum Proof of Stake airdrop. One method they use to reward long-term owners of an asset is airdrop. You should be aware that there is a current rumor suggesting that an Ethereum Proof of Work hard fork may be occurring. It won't be the first split; Bitcoin and Ethereum Classic also experienced forks in the past. The fact that mining Ethereum, a multi-billion dollar sector that brings in hundreds of millions of dollars each month, is one of the main reasons why the fork might occur.You ought to be aware that the hardware miners will no longer be useful after the merging, and you shouldn't assume that all of these miners would just cease operations and lose billions of dollars in revenue.

It is implausible to think that all Ethereum miners will simply give up. We should be prepared for a potential fork very soon, and Chandler Guo will lead it. The Ethereum miners will require both the Proof of Work and Proof of Stake blockchains in order to continue mining. The Ethereum Proof of Work's only goal is to fight for the company and split Ethereum so that they may continue operating. Some people are making an incorrect comparison between the Ethereum and Bitcoin hard forks.Because Bitcoin was forked and things are still going well, Bitcoin and Ethereum are two different ecosystems, whereas Ethereum has many DeFi applications running on the network. Therefore, if Ethereum splits into two networks, all applications developed on it will compete to decide which network to stay on.