Even the other alts in general are all the same, their fates in achieving the ATH could only comes once the current trend of btc settled.
so in the event of ETH merges, don't think it will reach ATH that easily.
It is true that the increase in the price of Ethereum depends on how Bitcoin moves, because after all Ethereum like other altcoins its movement is
affected by the movement of Bitcoin. This means for Ethereum to return to the ATH price, it will have to wait for the Bitcoin price to recover.
The problem is Bitcoin is still moving steadily below the current $25k price, so we do have to be patient to wait for Ethereum to return to the ATH price.
So just take advantage of the current situation to collect Ethereum, moreover the price of Ethereum is still down 59% from the ATH price, meaning
that the price of Ethereum is still at a low price right now and don't regret that we missed buying Ethereum at a low price. Even if a bull market comes
there is a possibility for Ethereum to reach new ATH, in conclusion, long-term investments in Ethereum are always profitable.
in addition to relying on bitcoin movements, ethereum only has one month before the merge, which is not enough time for ethereum to reach new ath
the highest ath eth previously achieved was around $4.5k, which means ethereum will be x2.5 times the current price. that's a very difficult thing to do in a bear market