Surge or purge? Why the Merge may not save Ethereum price from 'Septembear'

Options data, macroeconomic catalysts and technical signals suggest a decline in Ethereum price is on the table despite the Merge.

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https://docs.google.com/document/d/1OBbpbq6Bfj6EDZGBUE4OqpMtce8zerCaP8ZRz25HWL8/edit?usp=sharing