My opinions in order of likelihood
(See more Detail Opinion written on Callouts in Chart)
Option 1 *
- Merge will lead to forcing price up
-- So that those with locked ETH get their value worth back
--- Then it will crash back down through the levels.
Option 2
- Fake out here / Turn now and we fall to the bottom Area on the weekly Low over the last couple of years.
Option 3
- We Range and Crab for months and months while inflation eats away the relative floor value. vs what would have been nominal.
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