a big date for Etherium is approaching. Ethereum developers expect the merge to take place during the week of September 15, 2022. That’s not a guarantee, however, and given how long it has taken for the merge to come this far, it wouldn’t be a big surprise if the Ethereum team delayed it even more. Still, it’s an exciting time to be in the crypto and NFT space. The merge represents a similar kind of value test, just under different circumstances. For example, the 32 ETH needed to independently stake as a validator is a high barrier to entry for most of the community. In our view, we have to include Etherium on our watchlist ahead of the potential merge. If the transaction takes place we could see a positive momentum. We see solid support level around $1400 level with resistance around $1680.