Ethereum and Cardano are both handling uncertain terrain this week, but it’s not just technical levels that have traders on edge. Ethereum has slipped below $3,600 after failing to hold $3,700, while Cardano continues to bleed under whale sell pressure and weakening on-chain volume. Yet in the background, BlockDAG (BDAG) is doing the opposite. With a 17x price reset just three days away and a live 10 BTC auction on offer, the project has become the focal point of a growing surge in retail and institutional interest.

These contrasting dynamics are reshaping investor strategies. While ADA and ETH cling to major support zones, traders are moving fast to secure exposure to BlockDAG’s final $0.0016 entry window. 

The urgency is real, the numbers are climbing, and the window is about to slam shut.

Ethereum Falters at $3,700 as Momentum Slows

After a brief push above $3,700, Ethereum (ETH) has entered another period of hesitation. The bullish trendline that supported price action earlier this week has now been broken, and the hourly chart shows the price hovering below the 100-hourly Simple Moving Average. ETH is currently trading below $3,600, struggling to reclaim the $3,620 resistance that previously supported its upward trend.

Analysts note that ETH is not only facing resistance at $3,620 but also at $3,700. Without a decisive break above $3,750, any attempt at $4,000 looks unlikely in the near term. MACD momentum has flipped bearish, and RSI remains below 50, signaling further downside pressure. If ETH breaks below $3,510, downside targets of $3,420 and even $3,350 come into play.

This fading momentum contrasts sharply with the bullish trend seen just days ago. With no immediate catalysts and Bitcoin also stalling, Ethereum’s short-term outlook has turned neutral to bearish, leaving traders reassessing whether ETH remains one of the top crypto assets to hold through Q3.

Cardano Whales Increase Sell Pressure as ADA Declines Further

Cardano (ADA) has extended its losing streak into a third straight week, with price now edging lower within a bearish falling channel. The key catalyst? Whale wallets. Investors holding between 1 million and 100 million ADA have reduced their holdings by 390 million coins since July 24, fueling persistent supply-side pressure.

While ADA’s daily active addresses have ticked higher, reaching over 31,000, they’re not translating into bullish volume. Transaction volume dropped to $744 million from a July peak of $1.69 billion, signaling reduced demand on-chain. Technical indicators aren’t helping either. The Relative Strength Index (RSI) has dipped to 40, while the MACD has crossed bearish on the 4-hour chart.

The next crucial level to watch is the $0.6884 support. If ADA fails to hold that zone, the risk of a deeper breakdown grows. A confirmed “death cross” on the EMA indicators is also approaching, increasing the odds of further downside. Despite long-term fundamentals, Cardano’s near-term setup is cautionary, and many investors are shifting focus.

BlockDAG: Viral Momentum, Final Hours at $0.0016, and a 10 BTC Incentive

While Cardano and Ethereum wrestle with price stagnation, BlockDAG has launched itself into the spotlight with a presale campaign that has now raised over $367 million. The current batch, number 29, offers BDAG tokens at just $0.0016. That price disappears permanently after August 11, when BDAG snaps back to $0.0276, a 17x increase that puts early buyers in prime position ahead of its $0.05 exchange debut.

BlockDAG’s momentum isn’t only fueled by discounts. The 10 BTC auction now underway has added a layer of urgency. All buyers are automatically entered, and the more you buy, the higher your chance of claiming a portion of the Bitcoin prize pool. Combined with ongoing demand and virality, the auction has helped draw even more attention from crypto traders tracking top crypto coins right now.

The platform’s fundamentals are also resonating. BlockDAG’s architecture blends blockchain and DAG tech, enabling high-speed, scalable transactions. It supports EVM compatibility and offers a low-code smart contract builder, reducing entry barriers for developers. Its 2.5 million-user X1 mining app already hints at the scale of the future ecosystem, and confirmed listings on five exchanges, including MEXC and BitMart, add post-launch clarity.

With the airdrop campaign underway, a growing user base, and a narrow three-day window left before prices rise, BlockDAG is capturing market share in real time, not just hype. The newly launched Dashboard V4 allows users to simulate trading and track real-time performance, reinforcing transparency and utility. Unlike speculative narratives, it’s delivering access, rewards, and early liquidity while ETH and ADA investors wait for clarity.

The Final Takeaway

Ethereum’s slowdown and Cardano’s whale-driven retreat have pushed many traders back to the sidelines, but not all are staying passive. BlockDAG’s active presale, powerful incentives, and viral metrics are flipping that narrative. Its $0.0016 price tag and live BTC auction make it not just one of the top crypto coins right now, but one with a defined edge.

The next 48 hours represent a crucial point. With Ethereum failing to regain momentum and Cardano facing sell-side pressure, BlockDAG is defining itself as the rare project combining timing, accessibility, and upside. And with a 17x price reset locked in after August 11, time may be the most valuable asset of all.

Join BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu