The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.
What I'm seeing there is that Ethereum will be the first class in altcoins session that is where is Ethereum will dominate but when you look at it go inside I don't think that it has all possess such kind of power to take over or dump any coin accept altcoin to compete with Bitcoin I don't think that it will happen because bitcoin have a very high investors who invest in it