Bitcoin Technicals Point to Trend Shift as Ethereum Prepares for Glamsterdam

Crypto Week Ahead serves as a detailed overview detailing upcoming developments across the cryptocurrency and blockchain sectors, along with significant macroeconomic indicators set to impact digital asset valuations.

Digital asset markets are beginning the week amid choppy conditions, with bitcoin climbing past $86,000 early Monday morning and briefly touching $87,000—approaching an eight-month peak—before pulling back. Market participants are closely watching the strength of the dollar to determine whether BTC can maintain its upward trajectory or consolidate its recent gains.

Bitcoin’s 50-day, 100-day, and 200-day moving averages are converging toward their initial completely bullish crossover since 2025, indicating that its three-month recovery remains fundamentally sound.

At the same time, macro investors are focusing on a packed U.S. economic calendar that includes the ISM Services PMI, FOMC minutes, and weekly jobless claims.

On the protocol side, Ethereum developers are readying the “Glamsterdam” testnet rollout on Sepolia, alongside major token-related developments involving Balancer, Aave, and AirSwap.

What to Watch

(All times ET)

Crypto
- Ethereum core contributors are performing the Glamsterdam upgrade on the Sepolia testnet, representing an essential dry run prior to mainnet deployment for account abstraction enhancements and data availability improvements.
Macro
- Oct. 6, 5:00 a.m.: Eurozone Retail Sales MoM for August est. 0.4% (Prev. -0.6%)
- Oct. 7, 2:00 p.m.: U.S. FOMC Meeting Minutes (Sept. 15-16 Meeting)
- 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)
Earnings
- None scheduled

Token Events

Governance votes and calls
- Aave is holding a vote regarding whether an external entity should manage a new, standalone lending market on its protocol, with profits shared equally at 50/50. The initiative, known as the Aave Request for Final Comment (ARFC), outlines a launch structure for Sentora to administer independently managed Hub and Spoke configurations on Aave V4, beginning with its initial rollout on Ethereum. Under this proposed structure, Sentora will independently handle collateral, risk variables, and interest rate frameworks outside of the primary Aave DAO risk mandate, whereas the DAO keeps administrative control over smart contracts and collects a 50% share of revenues. Voting concludes on Oct. 5.
- AirSwap is conducting a signaling vote on whether Consensys ought to temporarily halt its automated liquidations of AST tokens should market prices drop excessively. Community participants are voting to express whether Consensys should pause scheduled AST sell-offs intended for funding operations if token values drop beneath its pre-set minimum level. Voting concludes on Oct. 5.
- Derive is voting on a governance proposal (DIP) to raise the proportion of applicable protocol revenue directed toward weekly DRV buybacks from 35% up to 50%. The current execution schedule and repurchase mechanisms will stay identical, with the adjustment purely elevating the fee distribution share. Voting concludes on Oct. 5.
- Balancer is voting on a combined treasury resolution following the recent wind-down strategy for the protocol. The motion aims to resolve cross-DAO token exchange agreements between BalancerDAO and CoW DAO, detailing the systematic return and proportional division of treasury-held COW and BAL holdings. Voting concludes on Oct. 6.
Unlocks
- Oct. 5: Canton CC will unlock 0.38% of its circulating supply valued at $19.18 million.
- Oct. 8: Stable STABLE will unlock 3.3% of its circulating supply valued at $24 million.
Token launches
- No major token debuts have been confirmed.