Ethereum News Today: Ethereum Near $3,940 Resistance as BlockDAG Presale Hits $361M With 3,000% Upside Potential

Ethereum (ETH) is approaching the $4,000 level, with recent trading action hovering near $3,553 and facing critical resistance at $3,940. Analysts highlight a strong position above key moving averages and robust volume levels, yet the market remains cautious due to potential dips below $3,600, which could lead to a pullback toward $3,300–$3,400 [1]. Chainlink (LINK), on the other hand, is testing its breakout potential around the $18 level following a confirmed double bottom pattern on the daily chart. A successful retest could signal a move toward $24, but failure may erase recent gains [2].

BlockDAG (BDAG) is taking a different approach by offering a live trading environment through its Trading Dashboard V4. The platform allows early participants to engage in real-time buying and selling before the official launch, with presale pricing fixed at $0.0016 until August 11 [3]. This stage represents a significant entry point, as the token is projected to reach $0.05 at launch—an increase of over 3,000% from current levels [4]. The BDAG Trading Dashboard has already raised $361 million and sold 24.7 billion tokens, with over 200,000 holders globally. The platform mimics a professional exchange, offering real-time price charts, order books, and a dynamic activity feed to simulate a high-volume trading environment [5].

As traders monitor ETH and LINK for breakout potential, BlockDAG is generating buzz for its active presale and early access to trading. With 28 presale batches already sold and pricing locked at $0.0016, the project is positioning itself as a competitive early-stage play with a functional marketplace already in operation [6]. The BDAG Trading Dashboard V4 is now live under the code TRADEBDAG, providing a unique opportunity for investors to engage with the token before its full launch [7].

[1] Cryptofrontnews.com, "Ethereum Market Movement Intensifies as ETH Edges Closer to $4,000" (https://cryptofrontnews.com/experience-real-time-trading-before-launch-blockdag-trading-dashboard-v4-live-link-eth-market-movements-flash-breakouts/)