Is it foolish to expect a massive Ethereum price surge pre- and post-Merge? - Cointelegraph

Backwardation in Ethereum futures shows traders expect ETH to surge and everyone wants the “free” proof-of-work hardfork coins, but investors should also keep an eye on the bears.

Ethers (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July seem like ages ago. Bulls now hope to turn $1,900 to s… [+4348 chars]

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