🔽Ethereum has fallen 45% from its ATH. But the market still hasn't noticed one pattern

Before each major network upgrade, #ETH happened the same:

• Merge — September 2022: +35% two months before launch
• Shanghai — April 2023: +40% six weeks before launch
• Dencun — March 2024: +20% six weeks before launch

🖥 In June, Glamsterdam, the biggest Ethereum upgrade since the Merge, is launching.

According to historical patterns, the window of opportunity is opening now, in April

🚀 What Glamsterdam changes

The core architecture of the base layer is changing.

Block construction moves inside the protocol — Ethereum will no longer depend on third-party relayers like Flashbots.

Parallel transaction execution increases throughput to 10,000 TPS, and fees decrease by 78%.

To understand the scale: Solana’s actual throughput under load is about 3,000–5,000 TPS.
After Glamsterdam, this gap is almost closed.

📈 What about the fundamentals

Fundamentally, the network already looks very strong.

In Q1 2026, Ethereum processed 200 million transactions — a 43% quarter-over-quarter growth.

That means the network continues to grow, while the token price is falling.

It’s often in such discrepancies that the market offers the most interesting opportunities.

⚠️ The main risk is delays.

Currently, Devnet-5 is in testing.
If everything doesn’t go according to plan, the June launch could be pushed to Q3.

If that happens, the narrative will quickly shift, and pressure on the price could intensify.

The developers themselves openly acknowledge this: the date is secondary for them, and testing quality is the priority.

The historical pattern has already played out three times in a row: before a major ETH upgrade, the price started rising in advance.

✔️ But there’s an important nuance: each time, the update was released on time.

So now, the market is not only watching for the upgrade itself but also whether Ethereum will actually launch Glamsterdam in June.
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