Bitmine: Buys $14M Ethereum as Cash Falls to $104M

Bitmine led by Tom Lee purchased $14M in Ethereum while its cash reserves declined to $104M.

Price sits at $1900.83 on the 4h chart inside a bearish structure where EMA50 at $1903.65 caps advances and the MACD death cross at 4.33 reinforces downside pressure; with RSI neutral at 44.39, ETH tests lower Bollinger support near $1906.73, pointing ETH price prediction toward the EMA200 at $1845.98 before any relief.