Ethereum (ETH): Glamsterdam advances and ETH/BTC responds
⚙️ Everyone is watching the price.
But there’s another detail on the radar: the next Ethereum update.
Glamsterdam is moving forward in network testing.
Sepolia is one of the steps before the update reaches mainnet, with changes focused on execution and Ethereum’s processing capacity.
And ETH/BTC has started to react.
The pair is at 0.032479 BTC, up 0.89% over 24 hours.
Over the week, it rises 1.35%.
Over the month, 3.39%.
But there’s a catch.
On a year-to-date basis, ETH/BTC is still down -4.25%.
And the technical signals shown on the chart remain neutral.
In other words: ETH has gained some ground versus BTC, but there’s still no clear confirmation of a trend reversal.
Now the market has two key points to watch:
🔹 progress in Glamsterdam testing;
🔹 how ETH behaves against BTC.
If interest in Ethereum increases, ETH/BTC could become an important thermometer for this move.
But hold on: a protocol update doesn’t, by itself, mean the asset will appreciate.
Is the market starting to look again at Ethereum, or is it still too early to draw that conclusion?
📰 Market News
ℹ️ 𝗖𝗼𝗻𝘁𝗲𝘂́𝗱𝗼 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝘃𝗼 𝗯𝗮𝘀𝗲𝗮𝗱𝗼 𝗲𝗺 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝗰̧𝗼̃𝗲𝘀 𝗽𝘂́𝗯𝗹𝗶𝗰𝗮𝘀 𝗱𝗶𝘀𝗽𝗼𝗻𝗶́𝘃𝗲𝗶𝘀 𝗻𝗮 𝗱𝗮𝘁𝗮 𝗱𝗮 𝗽𝘂𝗯𝗹𝗶𝗰𝗮𝗰̧𝗮̃𝗼.
⚙️ Everyone is watching the price.
But there’s another detail on the radar: the next Ethereum update.
Glamsterdam is moving forward in network testing.
Sepolia is one of the steps before the update reaches mainnet, with changes focused on execution and Ethereum’s processing capacity.
And ETH/BTC has started to react.
The pair is at 0.032479 BTC, up 0.89% over 24 hours.
Over the week, it rises 1.35%.
Over the month, 3.39%.
But there’s a catch.
On a year-to-date basis, ETH/BTC is still down -4.25%.
And the technical signals shown on the chart remain neutral.
In other words: ETH has gained some ground versus BTC, but there’s still no clear confirmation of a trend reversal.
Now the market has two key points to watch:
🔹 progress in Glamsterdam testing;
🔹 how ETH behaves against BTC.
If interest in Ethereum increases, ETH/BTC could become an important thermometer for this move.
But hold on: a protocol update doesn’t, by itself, mean the asset will appreciate.
Is the market starting to look again at Ethereum, or is it still too early to draw that conclusion?
📰 Market News
ℹ️ 𝗖𝗼𝗻𝘁𝗲𝘂́𝗱𝗼 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝘃𝗼 𝗯𝗮𝘀𝗲𝗮𝗱𝗼 𝗲𝗺 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝗰̧𝗼̃𝗲𝘀 𝗽𝘂́𝗯𝗹𝗶𝗰𝗮𝘀 𝗱𝗶𝘀𝗽𝗼𝗻𝗶́𝘃𝗲𝗶𝘀 𝗻𝗮 𝗱𝗮𝘁𝗮 𝗱𝗮 𝗽𝘂𝗯𝗹𝗶𝗰𝗮𝗰̧𝗮̃𝗼.