Eth2.0 has a lot of big effects on Ether. At present the supply and demand of ether has increased at a great rate. Ether is the 2nd favorite coin in the crypto world. Ether is currently 600+$. At any time it can be 1200-1500$. Because it's supposed to be there now.
What more if that update was totally done, we might see a great price of ETH and go beyond its ATH when altcoin season comes. Well, right now there’s a big red trend in the market and we might not see ETH on its new all time high this year but since the updates is not done yet, we have a better chance to reach the peak next year.