The Ethereum Foundation confirmed that Glamsterdam, the biggest upgrade since The Merge, is delayed to Q3 2026.
Meanwhile, $ETH is trading at $1,670, which is 66% below its recent all-time high.
However, institutional accumulation continues:
🏦 BitMine surpasses 5 million ETH.
🔒 30% of the supply is locked in staking.
💰 DeFi TVL exceeds $39,000M.
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💣 BOMBSHELL DATA:
When Pectra launched, ETH shot up from $1,800 to nearly $5,000 in just a few months.
Glamsterdam is technically even more crucial.
Many see the delay as a longer entry opportunity, not a cancellation of the catalyst.
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📊 PRICE: $1,670
🎯 KEY levels:
🔴 Support: $1,620 — $1,550
🟡 Resistance: $1,739 — $1,800
🟢 Bullish scenario: $1,800 → $2,000 → $2,421
⚠️ Bearish scenario: $1,550 → $1,400
📌 IN SUMMARY:
1️⃣ Glamsterdam is delayed, but still on track.
2️⃣ BitMine continues to aggressively accumulate ETH.
3️⃣ Staking at all-time highs.
💛 If this brought you value, a tip on Binance Square helps us keep going.
Would you buy ETH before Glamsterdam or wait for confirmation above $1,739?
⚠️ Not financial advice. DYOR.
#Ethereum #ETH🔥🔥🔥🔥🔥🔥 #Glamsterdam #BinanceSquare