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BlockNews
Home CRYPTO

Ethereum Targets $5,300 With Cup and Handle Pattern Ahead of Fusaka Upgrade

Gary Ponce by Gary Ponce
September 20, 2025
in CRYPTO, ETHEREUM, FINANCE, OPINION
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  • Fusaka targets Dec 3 mainnet after Oct testnets; delays possible if bugs bite.
  • Blob capacity expected to step up 6/9 → 10/15 → 14/21 post-launch, boosting L2 scale.
  • ETH bullish case needs a trendline break; sub-$4,200 close flips the script fast.

Ethereum slipped 3% on Friday as developers confirmed plans to roll out the Fusaka upgrade by December 3, pending smooth testnet runs. The timeline was announced during ACDC call #165, setting the stage for Ethereum’s next major network upgrade.

Ethereum Fusaka Upgrade Testnet Schedule and Timeline

Before mainnet, Fusaka will hit three testnets: Holesky on October 1, Sepolia on October 14, and Hoodi on October 28. If no major issues surface during these upgrades, the mainnet release stays on track for early December.

Important decisions were made on today's Ethereum developer call, ACDC #165. Developers confirmed the public testnet schedule and BPO hard fork schedule for Fusaka.

Let's get into it. pic.twitter.com/mNrYMYyDj2

— Christine D. Kim (@christine_dkim) September 18, 2025

Key Features of Ethereum Fusaka Upgrade

Fusaka introduces 12 Ethereum Improvement Proposals (EIPs) aimed at boosting scalability, efficiency, and smart contract execution. Blob capacity, a critical feature for Layer 2 scaling, is set to expand in two stages, increasing block blob limits from 6/9 to 10/15, and then to 14/21.

Ethereum Price Chart

Risks and Challenges Ahead for Ethereum Developers

Developers caution that bugs in Ethereum clients could delay the rollout. Researcher Christine Kim estimates only a 50/50 chance of flawless testnet runs. Meanwhile, co-founder Vitalik Buterin defended Ethereum’s validator queue after unstaking times stretched past 40 days.

Ethereum Price Forecast and Technical Analysis

ETH liquidations totaled nearly $90M over the past day, with price retesting the 20-day SMA after rejection at $4,620. If ETH holds support levels, a cup-and-handle breakout could push toward $5,300. A close below $4,200, however, would flip sentiment bearish.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: ethethereumFusakaVitalik Buterin
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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