What’s happening with Ethereum and Avalanche has traders watching closely. Ethereum recently slipped from $2,400 to around $2,244, showing weakness near a key support level. Avalanche is also under pressure, with price action fading near $17 after an earlier breakout attempt lost steam.
Ethereum Holds $2,200 as Bulls Watch for Breakout Setup
Ethereum’s recent dip from $2,400 to $2,244 has traders wondering if $2,200 is the new support floor. The June 21 flash crash saw ETH drop 7.6% in under an hour, testing nerves across the market. With resistance at $2,380 to $2,450, and both RSI and MACD signalling weakness, the price remains under pressure and below the key EMA levels.
However, support between $2,250 and $2,290 is showing strength. If ETH manages to flip $2,450 soon, it could set up a quick run toward $2,600 and beyond. Momentum is brewing under the surface, and those watching closely are ready to act before the next breakout lands.
Avalanche Eyes Rebound as $17 Support Holds Steady
Avalanche is hovering near $17 after failing to hold its breakout above $20. A quick 6% drop pushed AVAX toward $15.72 before stabilising. With RSI near oversold and support forming between $16.30 and $17.20, a rebound could be in play if volume returns quickly.
A move above $18.50 would put AVAX back in range of $22.70 targets. Traders are closely watching the rounded bottom around $17.50 as a possible trigger point. If momentum kicks in, AVAX could flip sentiment fast and catch latecomers off guard.
BlockDAG’s Real Power Comes from Execution, Not Just Price Moves
With more than $323 million raised and over 23.2 billion BDAG coins sold, this project is accelerating toward its $600 million fundraising target. The listing price is locked at $0.05, giving current buyers a potential 25x upside if momentum continues.
BlockDAG is already delivering results. The project’s mobile miner app, X1, has over 2 million users actively earning BDAG. Hardware rollouts are on the calendar, with X30 and X100 rigs shipping in early July and X10 units scheduled for August. These tools are already driving engagement and proving that the infrastructure is more than just a concept.
The project is now in Batch 29 out of 45, with each batch bringing a higher entry point. That creates a clear incentive structure that rewards early action and builds pressure before the market opens up to the public. It is not just about access, it is about timing.
Adding fuel to the fire, the team is teasing a global sports sponsorship announcement for June 30. With strong fundamentals, high visibility, and a short runway before launch, BlockDAG is making a strong case as the next crypto to explode.
Crypto Market Snapshot
Ethereum is holding just above $2,200, but without a strong breakout above $2,450, momentum remains limited. Avalanche is sitting between $16 and $18.50, showing early signs of a recovery but still waiting for a clear technical trigger. Both charts are stuck in a holding pattern, waiting for something to shift.
BlockDAG, on the other hand, is not waiting at all. The project is moving fast. Between its $320 million raise, real mining deliveries, and a global sponsorship on deck, BlockDAG is building what others only promise.
