Ethereum's Shanghai Upgrade: Analysts' Insights and Market Movements.

Analysts have differing opinions on the amount of selling pressure that could result from Ethereum's Shanghai upgrade, which will allow validators to withdraw staked ether and rewards that have been locked up. JPMorgan expects ether to face selling pressure as more than one million ether staking rewards become instantly available this week, while Bank of America expects increased volatility around the event. Coinbase believes that a sell-off in ether should be relatively limited. ETH performance around the Shanghai Fork will be less dependent on technicals and more contingent on what "risk" is doing at the time.