Ethereum Down 8% in a Month as Digitap’s Presale Gains Momentum
The post Ethereum Down 8% in a Month as Digitap’s Presale Gains Momentum appeared on BitcoinEthereumNews.com.
Ethereum price slips 8% as investors explore high-growth crypto presales like Digitap, driven by new upgrades and shifting market sentiment The new Fusaka update went live this week, bringing fresh scaling tools designed to increase data capacity and help lower transaction costs. With large caps stalling, investors are increasingly redirecting capital toward early-stage opportunities such as Digitap ($TAP). This shift is reshaping conversations about the best altcoins to buy, especially in today’s crypto presale landscape. What the Fusaka Upgrade Adds to Ethereum as Price Reaction Stalls Ethereum’s drop this month comes at an interesting time for the network. The Fusaka upgrade (its second major update of 2025) went live at Epoch 411392, bringing bigger data capacity, lower transaction costs, and a few usability improvements. The main change, PeerDAS, is designed to handle data more efficiently across Ethereum and Layer-2s, which should help with long-term scaling. But despite the progress, ETH’s price hasn’t moved much. The broader market has been weak, and sentiment is still shaky, so the upgrade didn’t spark the reaction some might have expected. For now, most investors see Fusaka as a solid step forward, just not something that will lift prices in the short term. ETH Technical Analysis Ethereum is navigating a compression phase reminiscent of earlier market cycles marked by ETF outflows and macro uncertainty. With ETH above its the all-important $3000 support, analysts are watching how long this support can withstand rising volatility and reduced spot participation relative to derivatives activity. Independent analyst @TedPillows noted that a breakdown below this psychological level could expose the market to a decline toward $2,800, a scenario consistent with the 20–25% pullbacks observed during similar structural breaks in October 2023 and May 2024. Despite a major upgrade and returning institutional interest Ethereum is down just over 8% in the…