Ethereum Exit Queue Clears as Weekly Chart Signals Shift

Source: CryptoNewsNet Original Title: Ethereum Exit Queue Clears as Weekly Chart Signals Shift Original Link:

Ethereum Validator Exit Queue Drops to Zero

Ethereum’s validator exit queue fell to zero, signaling that no validators were waiting to leave the network at the time of the latest update. Data from the Ethereum Validator Queue dashboard listed exit queue ETH at 0 and the wait time at 0 minutes, reflecting a fully cleared line for exits.

Meanwhile, the network still faces heavy demand on the way in. The validator entry queue stood at about 2,597,854 ETH, with an estimated wait of 45 days and 2 hours, based on a churn setting of 256 per epoch. That gap between a cleared exit queue and a long entry queue points to net inflows into staking, since validators continue to line up to join while departures stay absent.

The dashboard also reported an 8.5 day “sweep delay,” which tracks the time it takes for balances to be processed and swept through the system. Even with the exit queue cleared, that delay can still affect when funds move through withdrawal mechanics, depending on validator status and scheduling.

Network totals remained elevated in the snapshot. The dashboard listed about 977,886 active validators and roughly 36.0 million ETH staked, equal to 29.65% of supply, while the displayed annual percentage rate sat near 2.81%.

Ethereum Weekly Chart Highlights Inverse Head and Shoulders Setup

A weekly Ethereum chart outlined an inverse head and shoulders structure as ETH traded around $3,313 on a major platform. The chart marked the left shoulder in late 2024, the head in early 2025, and the right shoulder in late 2025, a formation many traders use to map a potential trend reversal if price clears the neckline zone.

ETH sits near the 0.618 Fibonacci level, shown around $3,344 on the chart, while volume profile bars highlight a dense “volume shelf” in the low to mid $3,000s. Heavy traded zones often act as decision areas, since price can stall there while buyers and sellers settle positioning. If ETH holds above that shelf, traders often treat it as support; however, if it loses the area, attention typically shifts to the next volume shelf lower on the profile.

The chart also shows higher horizontal reference levels, including a marked line near $4,123 and a prior peak zone above $4,800. The setup frames $4,867 as an upper target tied to a challenge of previous highs, but that path depends on ETH reclaiming and maintaining levels above the mid $3,000 region first. As a result, the setup remains conditional: the pattern strengthens only if price pushes through the resistance band and sustains acceptance above it on the weekly timeframe.