DeFi· ★★★· neutral·

Bitcoin moving averages converge as Ethereum tests Glamsterdam on Sepolia October 6

  • —Bitcoin's 50-, 100- and 200-day moving averages are converging, hinting at a possible trend shift
  • —BTC recovered above $86,000 and briefly reached $87,000
  • —Glamsterdam combines the Amsterdam execution upgrade and Gloas consensus upgrade, adding ePBS and BAL
  • —No dates yet for Holesky or mainnet activation
Why it matters: Converging moving averages may signal an imminent directional move in BTC, while the Glamsterdam test is a key step before Ethereum's mainnet upgrade.
Source: TokenPost