Points of Focus

• ETH trades at $1,779.66 on June 17, holding just below the $1,800 level tested and rejected on June 16.
• Glamsterdam has entered its final devnet phase, combining all planned EIPs into a single test environment for the first time.
• The Hull MA at $1,812.1 confirms $1,800-$1,812 as active resistance over three consecutive sessions.

Ether (ETH) is trading at $1,779.66 on June 17, down 0.69% on the day, as per TradingView data.

The price is holding just below the $1,800 level tested and rejected on June 16, the first such test since the decline from $2,400 began in late April. The session range of $30.54 confirms tight consolidation directly beneath a resistance band that has now held for three consecutive sessions.

Glamsterdam enters its final development phase

Ethereum’s next major network upgrade, Glamsterdam, has moved into its final development stage.

Ethereum's Glamsterdam Upgrade: The Biggest Thing Coming in 2026

Ethereum is gearing up for its most important upgrade of the year: Glamsterdam. Slated for launch in Q3 2026, it's just around the corner and could be a game-changer for the network.

This upgrade focuses on… https://t.co/6deq0hpGqU pic.twitter.com/6XBpUBl5hr

— Ethereum Daily (@ETH_Daily) June 17, 2026

Developers are now running a generalized multi-client devnet that combines all planned Ethereum Improvement Proposals (EIPs) into a single test environment for the first time, per the Ethereum Foundation’s Checkpoint #9 update published on April 10.

Previously, testing of the upgrade’s two headline components was conducted on separate networks, one dedicated to Enshrined Proposer-Builder Separation (ePBS) and the other to Block-Level Access Lists (BALs). The merged devnet marks the first moment all Glamsterdam components coexist and interact within the same environment, the clearest forward-progress signal since the Soldøgn interop devnet concluded on May 2.

The mainnet timeline has slipped. The Ethereum Foundation’s February protocol priorities update targeted Glamsterdam for the first half of 2026, with the subsequent upgrade, Hegotá, planned for later in the year. That window has since moved toward Q3 2026, with no firm block height or activation date confirmed as of June 17.

Public testnets on Holesky and Sepolia remain the next confirmed milestone before any mainnet date can be set. Once the generalized devnet stabilizes, the path runs through client releases and security audits before public testnet validation, a sequencing worth keeping in mind when judging how close the upgrade actually is to deployment.

Technical levels to watch

The daily ETH/USD chart and technical data from TradingView show a meaningfully different moving average (MA) structure from earlier in the bear leg.

Four MAs now sit below the current price: the 10-day exponential moving average (EMA) at $1,743.0, the 10-day simple moving average (SMA) at $1,705.6, the 20 SMA at $1,768.7, and the volume-weighted moving average (VWMA) at $1,740.2, all four showing an upward signal.

The Hull MA at $1,812.1 is the critical level: It has sat above the current price for two consecutive sessions, confirming $1,800-$1,812 as validated resistance rather than a single-session anomaly. The Ichimoku Base Line sits at $1,826.1, reinforcing the same zone.

The remaining MA stack above the current price.

The relative strength index (RSI) reads 43.8, continuing to recover toward neutral and the highest reading of the current recovery. 

The average directional index (ADX) reads 41.1, moderating from the 50.74 peak of June 11. 

The moving average convergence/divergence (MACD) at -84.8 continues showing an upward signal, narrowing toward the zero line. 

Stochastic RSI Fast at 98.2, Stochastic %K at 70.7, Commodity Channel Index (CCI) at 10.0, now positive for the first time in the recovery.

Momentum at 89.1, Williams Percent Range (14) at -20.4, both confirming the oscillator panel has shifted from oversold toward neutral-to-strong readings.

Immediate support sits at the session low of $1,777.35, then the VWMA at $1,740.2. 

The Hull MA at $1,812.1 is the level price that needs to clear and hold above to invalidate the current resistance structure.

What comes next

The Federal Open Market Committee (FOMC) delivers its rate decision at 2:00 pm ET on June 17, followed by Kevin Warsh’s first press conference as the US Federal Reserve chair at 2:30 pm ET. CME FedWatch priced a 99.6% probability of a 3.50%-3.75% hold heading into the meeting. The dot plot and Warsh’s tone, not the rate decision itself, determine whether ETH’s technical setup beneath $1,800 resolves higher or fails again.

Glamsterdam’s devnet progress continues independently of that outcome, with Holesky and Sepolia testnet activations the next milestone to watch. 

ETH closed June 17 at $1,779.66, with the Hull MA at $1,812.1 defining the immediate path.