The 500k ETH threshold required for Ethereum 2.0 came sooner than expected. I am currently shocked by the results. I saw the news this evening on a news website and it's a good one instead. This is why eth will continue its bullish move for at least another month. It's still undervalued at $600 if you look at the magnitude of this 2.0 update. $1000+ soon!
I am also. I thought that it would be filled by the first week or two by December but it came earlier than expected.
So what happens to eth price after december 1? Will it drop or go up?
Most likely it will go up and once everyone is available to stake, just think of how many Ethereums will be locked in the circulation. That will create a lesser supply in the circulation. But it wouldn't be as quick as December 1.