Markets· ★★★· neutral·

Ethereum at $2,443: BitMine accumulates 5.96 million ETH, resistance at $2,500-$2,550

  • ETH +1.9% in 24 hours to about $2,443, weekly low at $2,371
  • BitMine bought 27,180 ETH and holds 5,956,378 ETH — 4.9% of supply
  • 85% of BitMine's position (5,067,309 ETH) is staked
  • Resistance is $2,500-$2,550, support is the EMA-20 at $2,434
Why it matters: BitMine's corporate accumulation and the MPBC upgrade support ETH, but a break above $2,500 will determine further gains.
Source: CriptoFácil