As Bitcoin's moving averages converge, Ethereum will test the Glencoe upgrade on its Sepolia testnet on October 6th. This upgrade includes ePBS, block access lists, and gas price changes, marking a step to verify modifications before their mainnet implementation.

In the past five weeks, Bitcoin has shown a pattern of reversing its price movement direction between Sunday and Monday. Additionally, sell signals were detected on the 4-hour charts for Bitcoin, Ethereum, and Solana, but it is difficult to definitively predict future prices based solely on past patterns or signals.

Ethereum staking withdrawal queue has reached a record high of 851,000 ETH, with MetaMask including 17,000 validators in the withdrawal process. The background and market impact of these withdrawals remain uncertain.

US Bitcoin ETFs have seen inflows for three consecutive weeks, while Ethereum ETFs have reversed course and experienced outflows. Last week, Bitcoin ETFs attracted approximately 38 billion yen, bringing the cumulative net inflow to over 9 trillion yen. In contrast, Ether ETFs saw outflows of about 21.8 billion yen last week. Other altcoin ETFs also experienced inflows and outflows.

Bitcoin ETFs saw a third week of inflows totaling $241.1M, bringing YTD to $1.2B. Ether ETFs experienced $138M in outflows. Zcash ETFs had their first outflow ($94M), while Solana and XRP ETFs continued inflows.

The cryptocurrency market is showing an upward trend, with both Bitcoin and Ethereum rising. Bitcoin's market share has expanded, and a surge in derivatives trading volume suggests increased short-term trading demand and volatility.

An early Ethereum holder transferred 13,330 ETH to Coinbase, and the Hong Kong government plans to submit a virtual asset-related bill within the year. The amount of Ethereum staking in queue has decreased, and Blast has announced its operational closure. Sui's stablecoin trading volume has surpassed $1 trillion.

In the global market, Bitcoin was searched the most, with large-cap coins and tokenized stocks gaining popularity. In contrast, the Korean market showed a different trend, with Infinity Gate taking the top spot.

In the past 24 hours, a total of $129.17 million in leveraged positions were liquidated in the cryptocurrency market, with short positions accounting for 78.63%. Bitcoin recorded the largest liquidation volume at $72.57 million.

A Hyperliquid address significantly increased its BTC and ETH long positions within a short timeframe. The BTC long grew by 100 coins to 360, and the ETH long surged by over 2,000 coins to 3,719, indicating strong bullish sentiment from this whale.

The Hyperliquid wallet '0xec4a...cf62' has increased its long positions in Bitcoin and Ethereum to approximately $30.93 million and $10.09 million, respectively. This reflects the wallet's transaction history and does not represent overall market trends.

The Ethereum staking waitlist has decreased to 1.5 million ETH, with entry now taking approximately 25 days. The withdrawal waitlist stands at 786,000 ETH, requiring about 14 days, which is attributed to validator withdrawals from MetaMask.

Ethereum's ETH surged nearly 70% in Q3, outperforming Bitcoin (BTC). However, ETH's market depth significantly decreased compared to BTC, indicating thinner liquidity and potentially higher slippage for large trades.

The amount of Ethereum waiting to enter staking has decreased to 1.5 million ETH. However, due to MetaMask's precautionary validator exit measures, the withdrawal queue has reached its longest record of the year. This does not necessarily indicate a weakening of staking demand.

Reports indicate that an early investor (whale) in Ethereum has sold an additional 13,330 ETH. This move is considered significant and could impact the market.

A trader who lost $471,000 shorting ETH has reversed their position, opening a 25x leveraged long trade on 23,734 ETH with a liquidation price of $2,650.

A trader has entered a new long position of $64.3 million worth of Ethereum (ETH) with 25x leverage. This trader has switched their strategy from a previous short position to a long position.

A wallet holding Ethereum since 2016 deposited 13,330 ETH, worth approximately $36.37 million, to Coinbase. This represents a return of about 23,402%, with an estimated profit of $36.21 million. The wallet had not moved funds for approximately six months.

Bitcoin approached an eight-month high near $87,000 but pulled back, trading below that level. The cryptocurrency saw a slight 24-hour gain, with altcoins like Dogecoin showing stronger performance. Market focus is on whether Bitcoin can sustain a close above $87,000.

Bitcoin approached its 8-month high of $87,000 but gave back its gains, falling back to the $86,000 level. Dogecoin rose more than 3%, and altcoins generally showed slight gains. The market is watching to see if Bitcoin can close the daily candle above $87,000.