The Merge Fails to Boost Ethereum Price, But Bullish Outlook Remains on Staking, Regulation, and Macro Factors

Tech upgrades like The Merge don't always lead to huge crypto price increases, even if highly anticipated.
New crypto business models like staking can lead to increased regulatory scrutiny, like from the SEC.
Macroeconomic factors now impact crypto prices more than in the past.
Evaluate cryptos holistically - business model, macro outlook, then tech upgrades.
The author remains bullish on Ethereum despite stagnant pricing post-Merge.

fool.com

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9/23/2023

Ethereum Price Poised for Breakout After Final Correction Within Ascending Triangle

Ethereum could be in the final stage of a corrective move and may experience a bullish higher low setup before breaking out to a new all-time high, according to a top crypto analyst.