The Ethereum Foundation released the time node of the merger, which was divided into two times, one on September 6th and the second on September 10-20, also according to the height of the block. At that time, the difficulty bomb was on and the powder miners couldn't dig anything.
Then this substantial benefit has not ignited the trend of Ethereum, which is reflected from the side, because the demand for merger and bifurcation has long been digested by the market, and all the things that should be bought have been bought, and the set has also been set. Now there are still about two weeks from this point in time, and I can assume that the favorable merger of Ethereum is expected to blow up.
Then as for the merger, I am still optimistic, because the substantial benefits are really there. I'm still watching the trend of Erding. At least until the end of next month, I still can't break through the high of 2000 points. After that, the Fed will shrink its watch and raise interest rates, and the previous trend will not be very good. We will wait and see, but if there is a big drop next month, the low-priced Ethereum chip can still take over.
In the long run, I still have the following views.
1, pos pledge mechanism effectively locks liquidity and eliminates inflationary pressure. At present, the pow mechanism is essentially a mineral coin, and the daily inflation with a market value exceeding 1 100 million has brought great pressure to the continuous rise of prices. After the pledge mechanism reduces the circulation, it is very helpful for the market to pull up.
2. With the application of expanding and crushing technology, the ecological development is more vigorous. The vigorous ecology accelerates the consumption of gas, and deflation is self-evident.
3. Low-carbon environmental protection may cause policy changes. After switching to pos, it has at least changed the public's impression that ETH is energy-intensive and not environmentally friendly, and may reverse the direction of zc in the future. Hard-forked ETHPOW is backward. It's just that big miners cut the air for retail investors, so don't follow suit.
The above is my opinion, for reference only.