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Technicals signal bitcoin shift, Ethereum gears up for Glamsterdam: Crypto Week Ahead

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Technicals signal bitcoin shift, Ethereum gears up for Glamsterdam: Crypto Week Ahead

Technicals signal bitcoin shift, Ethereum gears up for Glamsterdam: Crypto Week Ahead

Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets.

Crypto markets are kicking off the week on volatile footing, with bitcoin regaining $86,000 early Monday and briefly touching $87,000, nearing an eight-month high, before reversing course. Traders are closely monitoring dollar strength for clues on whether BTC can extend its rally or consolidate gains.

Bitcoin's 50-, 100-, and 200-day moving averages are converging toward their first fully bullish alignment since 2025, signaling that its three-month recovery remains structurally intact.

Meanwhile, macro eyes turn to a busy U.S. slate featuring ISM Services PMI, FOMC minutes, and jobless claims.

On the protocol front, Ethereum developers are gearing up for the "Glamsterdam" testnet upgrade on Sepolia, alongside major token events across Balancer, Aave, and AirSwap.

Crypto Ethereum core developers execute the Glamsterdam upgrade on the Sepolia testnet, marking a critical dress rehearsal for mainnet implementation of account abstraction enhancements and data availability optimizations.

Macro Oct. 6, 5:00 a.m.: Eurozone Retail Sales MoM for August est. 0.4% (Prev. -0.6%)

Oct. 7, 3:00 p.m.: U.S. Consumer Credit for August est. $12.5 billion (Prev. $18 billion)

Oct. 8, 8:30 a.m.: U.S. Initial Jobless Claims for period ending Oct. 3 est. 195K (Prev. 197)

Oct. 9, 10:00 a.m.: U.S. Michigan Consumer Sentiment Index Prelim for October est. 48.1 (Prev. 48.1)

Governance votes and calls Aave is voting on allowing an outside firm manage a new, independent lending market on its platform, with the two sides splitting the profits 50/50.


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