Ethereum nears $2,800 resistance as ETF outflows rise and Glamsterdam upgrade tests on Oct 6.
Ethereum price is consolidating near $2,695 after gains of 32.6% in August and 8.8% in September, with the $2,775–$2,800 range as key resistance. A break above $2,800 could open the way to $3,000, while support lies around $2,400–$2,500. U.S. spot Ether ETFs saw $118 million in net outflows in the latest week, contrasting with strong inflows earlier in September. Ethereum's Glamsterdam upgrade is set to activate on the Sepolia testnet on October 6, marking a significant network milestone before mainnet deployment, which remains undecided. Technical and institutional outlooks suggest cautious optimism for Ethereum's price trajectory in October and beyond.
Ethereum price is consolidating near $2,695 after gains of 32.6% in August and 8.8% in September, with the $2,775–$2,800 range as key resistance. A break above $2,800 could open the way to $3,000, while support lies around $2,400–$2,500. U.S. spot Ether ETFs saw $118 million in net outflows in the latest week, contrasting with strong inflows earlier in September. Ethereum's Glamsterdam upgrade is set to activate on the Sepolia testnet on October 6, marking a significant network milestone before mainnet deployment, which remains undecided. Technical and institutional outlooks suggest cautious optimism for Ethereum's price trajectory in October and beyond.
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