Ethereum Stumbles Amidst Short Selling, BlockDAG Presale Soars to $272 Million

The cryptocurrency market remains volatile with Ethereum (ETH) facing challenges from short sellers and ongoing resistance near $2550. Hedera (HBAR) bears momentum shows a potential trend reversal after hitting resistance around $0.208, while the price remains below key support levels. Meanwhile, BlockDAG (BDAG) is making headlines as its presale breaks through, raising $10 million in just one week and reaching over 21.3 billion coins sold.