Ethereum’s difficulty holding the $4,000 level suggests the recent rally may be pausing, with traders debating whether strength will return or if sellers will remain in control. Avalanche (AVAX), meanwhile, is testing a long-term resistance area after reversing recent losses. Both moves matter for short-term positioning, but market participants are also watching developments across newer projects.
BlockDAG has announced a multi-year partnership with the BWT Alpine Formula 1® team. The project also reports that it has raised $413M, sold 26.5B coins, and reached more than 3M miners; these figures were not independently verified.
The sections below outline current technical levels for ETH and AVAX, alongside the project-reported partnership and fundraising claims from BlockDAG.
Ethereum at $4K: Rally on Pause or Further Weakness?
Ethereum’s price moved up toward the $4,000 mark but did not hold that level, leaving traders split on whether momentum is fading or simply cooling. The token is now trading in a zone of uncertainty, with the Relative Strength Index trending lower. Some technical readings cited by traders place $4,051 as a nearby support; a move below it could open the way toward $3,876 or $3,376. On the upside, levels such as $4,271 and $4,492 are often referenced as potential resistance areas.
As with any highly traded asset, these levels are commonly watched because they can influence short-term sentiment. Price action around support and resistance may help clarify whether buyers are absorbing selling pressure or whether the market is continuing to cool.
Avalanche (AVAX) Nearing a Potential Breakout
Avalanche (AVAX) has shown renewed strength in recent sessions, with some market commentators pointing to a quick rebound after a dip as a sign that demand has returned. The move also coincides with AVAX pressing into an area that has acted as resistance in the past.
A key focus for traders is whether AVAX can close above its long-term resistance trendline. Trading activity has also picked up, which some interpret as increased market participation, though volume alone does not confirm a sustained trend change.
If the resistance breaks, AVAX could revisit price areas not seen for an extended period; if it fails, the move may remain a range-bound test. The coming weeks may help determine which scenario the market favors.
BlockDAG and Sports Sponsorship Visibility
BlockDAG says it is using sports sponsorships to broaden visibility beyond crypto-native audiences. In project materials, it highlights branding tied to Formula 1® via the BWT Alpine team, as well as partnerships connected to football, cricket, and rugby.
The project frames these deals as part of a strategy to build awareness ahead of its planned network rollout. BlockDAG also reports that its ongoing token sale has raised more than $413 million and that more than 26.5 billion coins have been sold; these claims should be treated as project-reported figures unless independently verified.
While marketing partnerships can increase public exposure, they do not by themselves establish product performance, adoption outcomes, or future token price behavior.
In Short
Ethereum’s trading near $4K and Avalanche’s test of long-term resistance are two setups currently drawing attention from traders. Both remain dependent on market conditions and follow-through around key technical levels.
Separately, BlockDAG has publicized a BWT Alpine Formula 1® Team partnership and shared fundraising and participation figures tied to its token sale. Readers should distinguish between market data for established assets and project-reported claims from newer initiatives.
Project website (for reference): https://blockdag.network
Project Telegram (for reference): https://t.me/blockDAGnetworkOfficial
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
