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Market Weekly: Bitcoin Consolidates While Ethereum Eyes Network Upgrades

October 4, 2026 · 5 min read · NepaliCrypto Editorial

Bitcoin spent the week in a tight consolidation range, with volatility compressing after the previous month's rally. Traders watch these sideways periods closely: historically, low volatility in Bitcoin has often preceded sharp moves in either direction.

Ethereum, meanwhile, traded on roadmap news. Core developers continue work on scaling upgrades aimed at reducing transaction costs on the main network, while layer-2 ecosystems absorb an increasing share of user activity.

On-chain data tells a quieter story beneath the price: long-term holders continue to accumulate, exchange balances trend downward, and stablecoin supply — a rough proxy for dry powder in the system — has been climbing.

As always, weekly recaps are context, not predictions. Crypto markets are volatile, can move violently on macro news, and are unsuitable for money you cannot afford to lose.

This article is for information only and is not financial or legal advice. Cryptocurrency trading is currently prohibited inside Nepal.