GPU price goes back up in two days interval, I think the only reason why GPU price can dump is if the crypto market crash one way or the other, three days ago on aliexpress I saw 1660supers at 430$ and I was talking to the store owner thinking about buying 6 of the cards but today the price is at 450$ again, are GPU sellers also watching the mining profitability or what?.
This doesn’t mean much. Prices on aliexpress change all the time. I think it’s the owner competing against one another or they are ramping up the price to later discount it and show that it’s on sale. I wouldn’t look too much into this. Wait a few more days and price will probably come back down.
Regarding GPU prices coming down? Well if the merge for ETH happens in June and it’s confirmed then it means that miners will be dumping GPUs since there is nothing else to mine really.
However this won’t happen until we get a set fork date and fork block. Maybe in 2 months time we will get provided this.