Is the Ethereum Merge going to change everything? These three pitfalls are scarier than a crash!

As an analyst, to be honest, this so-called 'epic upgrade' of the merge may appear to be an 'environmental transformation', but it actually hides three 'bombs':

First bomb: The technical failures may reoccur

The merge is like changing the engine of a speeding car—testnets have had numerous issues, such as node disconnections, transaction congestion, and smart contract failures. If another crash happens during the actual merge, your coins may become 'stuck on the chain' and even be lost. A certain DeFi platform previously experienced a malfunction during an upgrade, locking users' assets for half a month, leaving them with no choice but to accept their misfortune.

Second bomb: Forked coins will indiscriminately exploit the market

There is a high probability of a 'hard fork' after the merge, leading to the emergence of 'Ethereum 2.0' and 'Old Ethereum'. It sounds like 'free forked coins', but it's actually a trap: when ETH forked into ETC, now the price of ETC is less than 1% of ETH. Retail investors following the trend of trading forked coins may find that their new coins turn into air, and their old coins crash, getting hit from both sides.

Third bomb: Good news turning into bad news

The market has already skyrocketed the expectations for the merge, with prices artificially inflated and reliant on emotions. If the actual effects post-merge are disappointing (for example, if transaction speeds do not improve and fees remain high), or if there are chaotic situations with forked coins, funds may flee instantly, causing a drop of 30% to be mild. Just look at the retreat of the DeFi boom in 2021; how many projects went to zero?

In summary: The merge is not a 'free profit opportunity', but rather a 'risk disaster zone'. Experienced traders can take small positions to gamble, but beginners should stay far away! Want to know how to hedge on the day of the merge? Follow me and let's discuss in the comments.