BitMine: Adds $43 Million Ethereum, Pauses BTC Buys

BitMine purchased $43 million in Ethereum while halting Bitcoin acquisitions under Tom Lee's direction.

Price action on the 4h chart shows ETH trading at $1579.92 inside Bollinger Bands with upper resistance at $1599.14. The bearish structure holds as price sits below EMA50 at $1619.69 and EMA200 at $1784.31, yet MACD registers a bullish golden cross at -12.5 while RSI at 45.49 stays neutral, pointing to potential consolidation before any move toward lower support at $1556.21.