ETH PRICE ANALYSIS — Is Ethereum Building a Base After the Sell-Off? ◆━━━━━━━━━━━━━━━━◆ ✔︎ Market Overview ETH/USDT is trading near $2,618 (-2.84%) after experiencing one of the sharper declines among major cryptocurrencies. Price remains under pressure, though buyers have started reacting near the recent low. ➤ Technical Analysis Ethereum dropped below MA(5) $2,663, MA(10) $2,685, and MA(20) $2,696. The sell-off occurred alongside the strongest volume seen in recent sessions, confirming heightened activity during the decline. A modest bounce has emerged above $2,589, but the moving-average zone continues to act as resistance. ➤ Scenario Analysis ① Bullish Scenario: A 4H close above $2,685–$2,696 could improve momentum and place $2,724 back in focus. ② Bearish Scenario: A break below $2,589 may increase downside pressure. ③ Neutral Scenario: Price may continue ranging between $2,589 and $2,685 as the market stabilizes. ➤ Key Levels Resistance: $2,685 | $2,724 Support: $2,589 | $2,500 $ETH ‌#eth #ETH #OneGateWitnessProgram #GTBurnsNearly2MTokensInQ3 #BTCBreaksThrough$86,000

Ethereum is already testing the next step in scaling On October 6, a test version of the Glamsterdam upgrade was activated on Sepolia. This is one of the key stages in preparing Ethereum’s next major upgrade. The test includes several important changes at once: enshrined proposer-builder separation, new block-level access lists, and gas calculation changes that should better account for the actual costs of working with the network’s state. The possibility of significantly increasing the block gas limit is also being tested—up to 200 million for validators that opt for this mode. For the average user, all of this sounds pretty boring: no new memecoins, flashy pumps, or +50% in a day. But these are precisely the kinds of upgrades that determine how much further Ethereum can scale. The approach with block-level access lists is particularly interesting. The idea is to make it easier for the network to process independent parts of computations in parallel, instead of having each node sequentially process the entire state. For now, this is a testnet, not a finalized change to mainnet. But on October 6, Glamsterdam took another step from technical specification to real-world testing. In crypto, people usually notice the result—low fees, higher throughput, or a new DeFi protocol. But most of the work that makes this result possible remains unseen. Ethereum is working on precisely this invisible part right now. ‍#ETH #RisingStarLaunch

#eth Last night someone asked: Bitcoin looks like it's about to hit a new high, so why isn't ETH moving? What I want to say is: it has already risen as much as it was supposed to; if Bitcoin really continues its move, ETH won't make it up there either. Besides, if it really went up, retail traders would make money, and institutions and market makers aren't that stupid. If you like buying it, I'll sell it to you. It's that simple.