This week, Ethereum (ETH) has experienced a slight decline, trading around $2,430, down approximately 3% over the past seven days. Despite this dip, the network continues to show strong on-chain activity, with increased staking and consistent user engagement. A significant technical pattern—known as a "death cross"—recently appeared on the biweekly chart, which historically signals a potential bearish trend. However, analysts have also identified a possible "cup-and-handle" formation, a bullish indicator that could push ETH toward the $4,200 level if it breaks above the key resistance zone at $2,461. Meanwhile, large investors, including institutions like SharpLink Gaming, have been accumulating ETH and staking millions of dollars' worth. Additionally, developers are proposing upgrades under the upcoming "Glamsterdam" hard fork, such as EIP-7782, which aims to double Ethereum's transaction speed by reducing block times from 12 to 6 seconds. While short-term price action may remain volatile, these fundamental and developmental signals point to a potentially strong outlook for Ethereum in the months ahead.