Yesterday (02. March 2024) at 15:57 UTC an earthquake swarm started in Sundhnúkagígar, all earthquakes where small in magnitude and around 150 where recorded. This earthquake swarm was as sign of a dyke intrusion that was starting into Sundhnúkagígar. It did not result in a eruption, but might be a sign of where next eruption is going to happen, when it happens. The dyke intrusion ended around 17:57 UTC.
This is a bit early, but it seems that this dyke intrusion moved or changed the rift valley it happened in. This rift valley was created in the dyke intrusion on 10. November 2023 (Icelandic Met Office has a image of it here). It might also have moved the rift valley that was created on 14. January 2024 (image of that rift valley can be found here, its marked with a blue colour). This rift valley situation is making the geology in this area extremely complex and volatile. Since the crust, the top layer is extremely fractured in areas of the rift valley and that makes it easy for the magma to find a path to the surface.
It is impossible to know when next eruption is going to happen. But it is my own estimated that next eruption might happen between 3. March to 5. March. I might be wrong on this, that’s always an possibility.
The short term GPS readings record a land shift, perhaps a widening of an existing rift. If the associated pressure has reduced with the relief perhaps we now have to wait again until that tipping point is reached. I think this event, a new phase added to confuse us all, has adjusted the timeline a little, perhaps by a week??!
I don’t think there’s a long wait until next eruption in Sundhnúkagígar.