Ethereum Nears $2,850 Breakout as Avalanche Drops 13.49% on SEC Delay

Ethereum (ETH) is on the cusp of a significant breakout, with its price hovering just below $2,850, a key resistance level. This level is at the top of a long-term ascending triangle, and a breakout could potentially lift prices toward $3,800–$4,000. The bullish sentiment is further supported by Ethereum clearing a major bull flag, which strengthens its upside case. As Bitcoin moves sideways, ETH is gaining on the ETH/BTC chart, often a sign of a broader shift toward altcoins. Chart analyst Titan of Crypto points out that as long as ETH remains above the breakout zone, a rally toward new highs is on the table. In the past day, ETH trading volume jumped by nearly 47%, and RSI readings suggest the rally has room left. A strong close above $2,850 this week could turn the $4K price from a hopeful scenario into a realistic target.

In contrast, Avalanche (AVAX) is under strong selling pressure. Its price has dropped 13.49% this week, slipping below the February low of $20.20 and now sitting at $20.07, its lowest in more than three months. This sharp fall is linked to the SEC’s delay in ruling on Grayscale’s AVAX ETF, which is now postponed until July 15. What was supposed to fuel optimism instead created uncertainty. The impact shows in Avalanche’s DeFi data, with total value locked dropping by $108 million in three days, from $1.581 billion to $1.473 billion. Technically, AVAX has exited a descending triangle, consistently posting lower highs since April and failing to hold the $21 level. A fall below $19.50 could pull the price further down to $15.28, nearly wiping out its yearly gains. Currently, over 90% of AVAX holders are in the red, and net outflows from exchanges have surpassed $4.34 million, highlighting weak sentiment.

While the top coins ride their respective waves, Unstaked is rapidly gaining traction as one of the most-watched upcoming crypto launches. Its crypto presale has reached stage 20, raising over $10 million and selling 1 billion coins at $0.011397 each. What stands out is the planned listing price of $0.1819, offering a potential 27x upside. Unstaked’s design centers on an AI-based model called Proof of Intelligence, where algorithms adjust network actions in real time. Instead of fixed coding structures or privileged leadership teams, the system evolves through user data, decentralized learning, and feedback-driven loops. The community plays a major role in this process. Decision-making happens through AI-assisted proposals and weighted on-chain voting. Every participant’s input is optimized for better outcomes, showing how the project values true engagement. There is also complete public distribution, no coins are set aside for private buyers or insiders. This approach removes backdoor manipulation and ensures alignment between the builders and the wider community from the start. Unstaked is also running a $1M giveaway, where 20 winners will receive $50,000 each in $UNSD. To qualify, participants must complete various tasks, share socially, and purchase a minimum of $100 in tokens. The campaign spans five months, offering a combination of activity-based rewards and community-driven excitement. With the listing approaching and only a few stages remaining, the pace is picking up. Those seeking strong upside and early access are eyeing Unstaked not only for its pricing potential but for its tech-driven approach. It’s important to note that while the platform’s AI agents are part of the plan, they will only become active post-launch, once the presale ends.

In summary, Ethereum is gearing up for a potential rally while Avalanche battles continued losses. However, Unstaked is steadily building its story with major presale success. With AI tools, community-powered decisions, and a fully public distribution model, Unstaked brings something different to the crypto market: a clear use case, pricing clarity, and forward progress. As major projects face external headwinds, Unstaked could emerge as the quiet frontrunner in this new cycle.