Am I the only one expecting a massive drop when the merge hits?

So I get that everyone is excited and I also think the merge is a great step for ETH and Crypto in general but short term I think there will be a large drop in price.

First of all there is a ton of locked ETH that people can finally sell off. No matter if people bought it at the top or have been green for a year or two, there will be lots of selling pressure.

Second is gas fees. As I understand the gas fees won't drop nearly as much as energy consumption but will still go down. This could lead to marginally more selling for people with small wallets that tried crypto when it was hot and couldn't sell while gas was expensive. Some of those people may already have exited but I think there might still be increased selling pressure through this.

Also I think there will be some "buy the rumor, sell the news" type selling since this has been planned for years. I might well be wrong on this one though.