Ethereum to the ground $760 target

Since the break below the M Formation, Ethereum is showing downside to come.
With the Ethereum Merge 2.0. Investors and crypto analysts are worried with it becoming more centralised with 5 of the largest organisations holding the biggest position in the crypto.
This is causing uncertainty in the Crypto world and is scaring investors out of it.
We need a strong catalyst or strong buying volume, before we see traction for this incredible coin.