🔥 $ETH Price Swings Before Upgrades: Will History Repeat Itself?
In the past, Ethereum has seen some significant price moves before major upgrades – sharp rises followed by corrections. But right now, we’re not seeing the same price action leading up to the current upgrade.
Here’s a quick look at how ETH has performed during past upgrades:
- The Merge (09/15/22): Up ~90% in 2 months, then down ~37% in 3 months
- Shanghai (04/13/23): Up 87% in 4 months, then down ~27% in 5 months
- Dencun (03/13/24): Up 154% in 5 months, then down ~26% in 2 months
So, how do you think ETH will behave this time? Will we see a similar rise and fall, or is this time different?