What caused the dip last earlier today, any thoughts guys?

EthereumEthereum
$1,334.49
‑0.02%
1M Ago
self.ethereum
"Ethereum ([ETH](https://markets.bitcoin.com/crypto/ETH)) was also trading lower on Friday, as the token dropped back below $1,700, as sentiment surrounding The Merge event marginally faded. So far today, [ETH](https://markets.bitcoin.com/crypto/ETH)/USD has declined to a low of $1,628.17, which is roughly $90 below its high of $1,718.18 on Thursday." https://preview.redd.it/punxavu536k91.png?width=1633&format=png&auto=webp&s=88f8dcfd944b057f8522d23c9d02e74830024880