ETH rallies as BitMine builds a $3B stack, FET struggles after losing key support, and BlockDAG’s Trading Dashboard V4 brings real-market activity to life during presale.
This week brings a wide range of performances from three major projects. FET saw a sharp pullback after falling below $0.66, putting new pressure on support at $0.49. Ethereum’s price moved higher after BitMine added to its holdings, pushing its total to more than $3 billion. The move helped ETH bounce and sparked fresh momentum.
Meanwhile, BlockDAG (BDAG) has crossed $363 million in presale funding and rolled out a new dashboard that simulates live market trading. The interface includes charts, depth, and order books, making the presale feel more like a launch event. As FET and ETH react to price pressure or wallet buys, BlockDAG is shaping up a trading experience before its official release.
FET Price Dips Further After Losing Triangle Support
FET’s price setup changed this week after breaking under the $0.66 mark. That move ended a six-month triangle pattern and added to a 15% drop in the past seven days. Analysts are now looking toward new key levels, with $0.56 and $0.49 showing up as the next possible support zones.
Even with the drop, FET still trades near a long-term trendline that dates back to 2022. This line has given support before and might help slow down further losses. Wave analysis suggests that a major correction could be ending soon, but only if $0.60 holds up.
If price breaks below that, the next move could be more downside. Whether or not $0.49 becomes a rebound zone will likely shape the next phase of the FET price action. Until then, momentum appears weak and the mood has turned cautious.
ETH Price Rises After BitMine Pushes Holdings Over $3 Billion
Ethereum (ETH) gained strength this week after BitMine made another large accumulation move. The firm picked up more than 208,000 ETH, bringing its total holdings to 833,137 ETH. The value of BitMine’s stack now sits above $3 billion, placing it at the front of large-wallet activity.
That buy gave ETH enough strength to rise nearly 6% to a high of $3,730 before pulling back slightly to $3,654. The rally has brought new attention to Ethereum’s recent trend, but some analysts warn that long-term growth still depends on continued large-scale buying.
So far, the recent move appears tied to this wave of demand from corporate treasuries and funds. If that slows, ETH might face some resistance ahead. But for now, the sharp jump in holdings has pushed the Ethereum price rally forward again, adding short-term energy to the chart.
BlockDAG Trading Dashboard Mirrors Live Market Ahead of Launch
BlockDAG’s new dashboard release is shifting how presales are viewed. The Trading Dashboard V4 brings live market features like real-time order books, pricing, and depth charts directly into the presale experience. This update gives BDAG holders a feel for how the platform will operate once trading opens.
This development makes it clear that BlockDAG isn’t just offering potential. It’s showing real steps toward open trading. The dashboard’s structure closely follows that of live exchanges. Holders can see how trades would flow post-listing, helping them prepare for full market participation.
BlockDAG has now sold over 24.7 billion coins and passed $363 million in funding. The launch price is confirmed at $0.05, but right now, the presale price is frozen at $0.0016 until August 11. After that, pricing resumes through scheduled batches.
That gives the current price point a return of 3,025% compared to the confirmed listing level. More than $7.6 million in miner sales have been recorded, with over 19,000 mining devices already sold.
This rollout gives current buyers a chance to experience something close to what full trading will look like. As others watch charts for signals, BlockDAG users are already operating in a setting that mirrors post-launch reality.
The dashboard shows that this isn’t a concept in waiting. It’s an active platform building toward open trading at full scale.
What’s Next for ETH, FET, and BlockDAG?
Each of these projects is moving in a different direction. FET’s recent decline below $0.66 has changed its short-term outlook, and it’s now testing lower support near $0.49. Whether or not buyers return at that level will likely guide where it heads next.
Ethereum is riding a new wave of large buys, especially BitMine’s $3 billion stack. That helped ETH push higher, but longer-term price stability depends on whether demand keeps building at the same pace.
BlockDAG, meanwhile, is charting its own path. The dashboard launch brings presale participants into a near-launch environment, while over $363 million in funding and 24.7 billion coins sold show how much traction the project has already earned.
The current price of $0.0016 holds until August 11. After that, it climbs through fixed batch prices toward the listing level of $0.05. At 3,025% in potential returns, BlockDAG’s current phase may be the last chance to join in before the switch flips to full trading mode.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Source: https://coindoo.com/eth-rally-boosted-by-3b-purchase-fet-drops-blockdag-hits-363m-with-trading-dashboard-now-live/