Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum Merge

After years of anticipation, multiple testnets and hours of coverage, the

Daily volume is relatively in line with average volume over the 20 most recent trading days, which doesn’t indicate significant conviction either to the long or the short side. Despite what often feels like a whirlwind of price movement, ETH’s volatility has narrowed leading into the Merge. Investors should note, however, that historically, diminishing volatility has not always trended in a straight line. ATR spikes in February, May and June were noticeable and could certainly be repeated.tool, which identifies trading activity at varying price levels, shows ETH settled between two ranges of low trading activity.

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