...The supply has dropped a lot and it's no more inflationary, I think with this, Ethereum will make a new all-time high we have never seen before, do you think I am wrong?
Ethereum is considered one of the undervalued coins, so it would be right to expect a new ATH, which we must see on the bull run. And the fact that Ethereum has become deflationary after the merger only adds to the confidence that the price of ETH will increase.
I still believe that ETH will be able to reach another ATH in this coming bull season, it grows together with others but yes, somewhat not far from the previous ATH. Honestly, the merger disappoints us investors/holders as it never helps the situation and sadly it causes huge fees as well. However, despite to what we face today, we know the trust of the people remains and more people will take the opportunity to buy ETH while the price is still low.