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ETH current price is about $2,261, down 54% from the August 2025 high of $4,955. ETH/BTC remains below the October low of 0.0283 this week, closing lower for two consecutive weeks.
Glamsterdam is Ethereum's biggest underlying upgrade in nearly ten years: gas fees down 78.6%, TPS increased from about 1,000 to 10,000, gas cap raised from 60 million to 200 million.
The mainnet is expected to launch as early as June, conservatively in Q3.
Historical pattern: The Merge (September 2022) had about +100% expected rally before release, -15% on release day, and a total of -26% one month later.
Dencun (March 2024) had +60% before release, with the release day at the phase's peak.
This time, even the expected rally hasn't come.
Glamsterdam roadmap has been announced for months, ETH/BTC shows no signs of recovery, institutional ETF net outflows recently, and BTC dominance remains at 58-60%.
The upgrade is written into the roadmap; liquidity is the lifeblood of pricing.
Wait until Glamsterdam goes live before entering the market—history offers no discounts for latecomers. #Gate广场五月交易分享 $ETH $BTC