The Ethereum Dencun upgrade will be launched on the mainnet on March 13. Will history repeat first rise and then fall?
Several important upgrades and price changes for Ethereum
1. Byzantine Upgrade (October 2017): Before the upgrade, Ethereum fluctuated between $300-400.
move. After the upgrade was completed, the price increased slightly, but gradually dropped to around $250 over the next few weeks.
2. Constantinople Upgrade (February 2019): Before the upgrade, the price of Ethereum fluctuated between $100-150.
move. After the upgrade was completed, the price briefly increased, but soon fell back below $100.
3. Muir Glacier upgrade (January 2020): Before the upgrade, the price of Ethereum fluctuated between $130-150.
move. After the upgrade is completed, the price is basically unaffected.
4. Berlin Upgrade (April 2021): Before the upgrade, the price of Ethereum was between $2,000-2,500
fluctuation. After the upgrade was completed, the price briefly increased, but soon fell back below $2,000.
5. Shanghai upgrade (April 12, 23),
One month before the upgrade, it rose by about 800 points, and one month after the upgrade, it dropped by 400 points.
