Ethereum activated the Fusaka upgrade on the Sepolia test network today at approximately 07:36 UTC, marking the second public rehearsal after Holešky’s launch on Oct. 1. Core contributors confirmed the milestone and reiterated that one final dry-run on Hoodi will follow before mainnet timing is set.
The Ethereum Foundation’s timetable had flagged Oct. 14 for Sepolia, and client releases aligned around that slot to keep cross-team coordination tight. Developers pointed to stable block production and a smooth switchover during the activation window.
With Sepolia upgraded, attention shifts to validating post-fork behavior that affects rollups and infrastructure tied to this testnet. Teams will watch node performance, builder flows, and data-availability paths in the upgraded environment across the next several days.
What Fusaka changes: PeerDAS now on the runway
Fusaka introduces PeerDAS, a data-availability scheme designed to expand blob capacity and reduce costs for rollups without requiring every node to store every blob. The EF and client teams positioned Fusaka as the bridge from Pectra’s groundwork toward a higher-throughput data layer.
After PeerDAS is live on testnets, Ethereum plans “Blob-Parameter-Only” (BPO) follow-up forks that raise the per-block blob target and max in controlled steps. The Sepolia schedule already includes BPO1 on Oct. 21 and BPO2 on Oct. 27, creating a staged ramp to stress-test throughput before mainnet.
Ecosystem posts and client notes emphasize that these increments aim to prove capacity and fee stability under load, not to chase headline numbers. The staged approach lets rollups and infra providers adapt safely while telemetry guides any final parameter choices.
What’s next: Hoodi on Oct. 28, then a mainnet date
Developers will run the last test on Hoodi on Oct. 28. If results mirror Holešky and Sepolia, client teams and coordinators will lock a mainnet window—signaled in public docs as early December, with exact timing contingent on testnet health.
Between now and Hoodi, client releases and infra operators will ship any fixes surfaced by Sepolia telemetry. This includes adjustments around blob submission, fork-choice stability, and builder APIs that interact with the new data path. The ACDE agenda and recaps show those items queued for near-term calls.
Rollup teams have posted notices for partners that post data to Sepolia, highlighting today’s fork and the upcoming mainnet cutover. Those memos direct integrators to retest pipelines under PeerDAS and be ready for the BPO cadence next week.
$206B Crypto Wipeout Puts Spotlight on Ethereum’s Drawdown
The crypto market erased about $206 billion in 14 hours, and Ethereum moved lower with the pack. Heat-map data shows ETH down roughly 3%, a deeper slide than Bitcoin’s ~2.6% and milder than BNB’s near-10% drop. At the same time, Solana printed a small green patch, signaling selective rotation while XRP, Dogecoin, and Tron traded lower.
As the decline spread, Ethereum pairs bled across the board, including staked and wrapped variants that mirror the underlying asset’s path. This broad red block around ETH on the map points to systemic de-risking rather than a single idiosyncratic headline. Consequently, liquidity concentrated on exits, and correlations tightened across majors.
Even so, the picture is not uniform. While ETH fell, Solana’s modest gain hints at short-term dispersion that often follows leverage flushes. Meanwhile, ETH’s relative resilience versus BNB but underperformance to BTC frames today’s move as a cross-asset repricing rather than a network-specific shock. In short, Ethereum tracked the market-wide drawdown, sat mid-pack among large caps, and faced pressure consistent with a broad risk reset.
Ethereum flips off support on ETH/BTC; now needs a higher low to confirm trend shift
Ethereum caught bids in the highlighted 0.0333–0.0345 BTC demand box and quickly rebounded, reclaiming the short-term moving average on the daily chart. The bounce followed a sharp flush that wicked below the zone and closed back above 0.0333 BTC, signaling buyer defense at prior structure. Meanwhile, volume dried after the capitulation spike, which often precedes a reset rather than immediate continuation.
However, momentum still hinges on structure. For a trend switch, ETH must print a clear higher low above the 0.0333 BTC line and then push through the 0.0357–0.0360 BTC shelf that capped today’s candle. A decisive daily close over that band would open room toward the late-August pivot near 0.0375 BTC, where supply last stalled the advance. Until then, the move reads as a relief bid off support rather than a confirmed reversal.
Risk markers remain defined. A daily close back below 0.0333 BTC would weaken the bullish case and return price to the middle of the demand block. Moreover, a loss of the wick low from the recent flush would invalidate the higher-low setup and re-expose the mid-summer base. In short, ETH/BTC defended its ideal zone, but the signal turns authoritative only if price forms that higher low and breaks the immediate ceiling.
ETH prints bullish flag on Oct 14; confirmation would project a 64% move toward ~$6,499
Oct 14, 2025, 13:50 UTC — Ethereum’s daily ETH/USD chart on Bitstamp shows price drifting inside a downward-tilted channel after August’s vertical advance, with the 50-day EMA near $4,241 and spot around $3,962. In technical terms, a bullish flag is a continuation pattern: a strong “flagpole” rally comes first, then a brief counter-trend consolidation inside parallel lines, and finally a breakout that resumes the prior uptrend. Here, the purple channel outlines that consolidation phase beneath the prior surge.
Therefore, the trigger is clear. If ETH breaks and closes above the flag’s upper boundary with rising volume, the market confirms the pattern. Then, by convention, analysts project the height of the flagpole from the breakout point to estimate the move. Applied to this setup, the measured target aligns with the blue marker on the chart, indicating a destination near $6,494–$6,499.
As a result, the math matches the headline figure. From today’s plotted price near $3,962, a confirmed breakout would imply an advance of roughly 64%, carrying ETH toward the $6.5k area. Until that close arrives, price remains inside the flag and respects its boundaries; however, once confirmed, the continuation case points to that ~6.5k objective.
ETH MACD turns negative again on Oct 14, signaling momentum loss after a brief rebound
Oct 14, 2025, 13:57 UTC — Ethereum’s daily MACD (12, 26, 9) flipped back below the signal line and deepened under the zero axis, showing that downside momentum has reasserted after last week’s short-lived positive burst. The histogram shifted from green to red and expanded, which confirms increasing bearish pressure rather than a mere pause. At the same time, the fast MACD line curled lower, indicating that the most recent rally failed to sustain follow-through.
Moreover, the cross happened just as price slipped beneath short-term supports on the ETHUSD chart, so the oscillator’s move aligns with price action instead of diverging from it. Because MACD measures the distance between two exponential moving averages, a drop below the zero line means the shorter EMA is now pulling away to the downside relative to the longer EMA. Consequently, trend momentum favors sellers until the fast line flattens and turns back toward the signal.
Looking ahead, confirmation requires the MACD line to reclaim the signal line and then drive back above zero while the histogram shrinks toward neutral. Until that sequence develops, the indicator argues for caution on breakout calls even if intraday bounces occur. In short, Ethereum’s daily momentum has turned negative again, and the burden shifts to buyers to reverse the crossover and rebuild trend strength.
ETH daily RSI slips below neutral on Oct 14, keeping momentum weak despite intraday bounces
Oct 14, 2025, 14:03 UTC — Ethereum’s 14-day RSI sits near 42, below the neutral 50 line and well above the 30 oversold band. The reading signals bearish-leaning momentum rather than exhaustion. After a brief recovery earlier this month, the oscillator failed to hold above 50 and rolled over, which reinforces the idea that sellers still control the pace even as price stages intermittent rebounds.
Moreover, the RSI’s moving average hovers around 51 and now rides above the oscillator, underscoring a negative short-term bias. Each rally toward mid-range has faded quickly, and the indicator continues to print lower swing highs versus late September. This structure shows pressure building on supports rather than an impending reversal.
Looking ahead, the gauge must reclaim and hold above 50 to argue for improving momentum; only then would upside attempts carry more weight. Until that shift occurs, Ethereum trades with a defensive tone, where bounces look corrective and risk remains skewed to further tests of support.
