Ethereum Price Prediction Ahead of the 2026 Glamsterdam Scaling Upgrade – Is $5,000 Back in Play?

Glamsterdam 2026 Signals a New Era for Ethereum Scaling

Ethereum price conversations increasingly reference the 2026 Glamsterdam upgrade. Particularly, Glamsterdam succeeds Fusaka upgrade that increased block gas limits to 60 million. This move signifies the transition of Ethereum to more Layer 1 scalability. 

It is important to note that Glamsterdam presents enshrined Proposer-Builder Separation. This transformation minimizes the risks of concentration of validators.

Meanwhile, Block-level Access Lists aim to lower execution costs. They also support parallel processing of transactions. These enhancements aid the increased throughput without jeopardizing decentralization. It is estimated that gas limits may go up to 200 million in the community. That scale would increase Layer 1 capacity considerably.

Verkle Trees are to be introduced by the Hegota fork later. This upgrade deals with state growth pressure directly. All these changes reinforce the long-term infrastructure story of Ethereum.

Ethereum Price Structure Tightens Near Breakout Toward $5,000

Ethereum price now compresses near the upper boundary of a prolonged descending channel. This position is important in that it indicates pressure accumulation against trend resistance.

This structure imposed low highs and regulated rallies over months. However, ETH price behavior shifted after a firm rebound from a clearly defined demand zone. At the time of press, ETH market valuation sits at around $2930, after a mild 1% daily decline. 

Following that rebound, Ethereum price advanced steadily toward descending resistance. Sellers tried to reject at this limit, but follow-through became weak. 

This interaction signals absorption rather than renewed downside control. The closer the price is to the upper channel line, the more likely it is to break out.

If Ethereum price reclaims the $3,000 level decisively, structure strengthens materially. That acceptance would affirm demand dominance over preceding consolidation. 

When the price reaches $3,000, the second resistance will be at 3,400. This tier had earlier limited upward efforts. A trend transition would be validated by a successful flip into support.

Beyond that, Ethereum price structure opens toward the $4,200 resistance zone. This region is the last supply obstacle to wider recovery.

If buyers absorb profit-taking above $4,200, Ethereum price could structurally reclaim $5,000. Therefore, long-term ETH price prediction increasingly centers on that target.

Ethereum price action analysis Ethereum price action analysis
ETH/USD Daily Chart (Source: TradingView)

Long-Short Positioning Highlights Recovery Conviction

Additionally, the Ethereum price action is notably in line with the derivatives positioning shifts. According to CoinGlass analytics, the long accounts dominate 72% of positions. Meanwhile, short exposure remains at 28%, reflecting directional conviction but not defensive positioning.

With the long-short ratio sitting at around 2.6, this metric implies  aggressive upside bias. However, the price expansion remains controlled. Therefore, this divergence implies positioning building ahead of structural confirmation.

These situations usually come before expansion phases. Nevertheless, the invalidation risk is close to resistance. An unsuccessful breakout would compel prolonged cuts in a short period. 

Conversely, confirmation would validate the $5,000 Ethereum price narrative. This positioning dynamic reinforces upside sensitivity near key structural levels.

ETH Long/Short Ratio Chart (Source: CoinGlass)

To sum up, Ethereum price now reflects a completed transition from correction to recovery. Compression of structure around resistance is an indication of strength and not hesitation. 

Meanwhile, the Glamsterdam upgrade anchors long-term scalability confidence into price expectations. 

The combination of technical structure and protocol expansion promotes a continuation phase. As this alignment persists, Ethereum price maintains a clear trajectory toward reclaiming the $5,000 level next year.

 

Source: https://coingape.com/markets/ethereum-price-prediction-ahead-of-the-2026-glamsterdam-scaling-upgrade-is-5000-back-in-play/