Bitmine: Buys 20,000 ETH for $35.85M

Bitmine, the vehicle tied to Tom Lee of Fundstrat, purchased another 20,000 ETH ($35.85M) from FalconX. ETH currently trades at $1797.73 inside its Bollinger band with upper resistance at $1864.58. Price action shows a bullish trend structure where the EMA50 at $1727.47 acts as concrete support while the EMA200 at $1901.15 caps upside; the MACD golden cross at 32.11 reinforces momentum even as RSI(14) sits neutral at 62.71. With price testing upper Bollinger resistance at $1864.58 while RSI flashes neutral, a healthy retracement to the 50-EMA support at $1727.47 seems probable before further continuation. Traders focused on ETH price prediction, crypto market crash scenarios, and AI industry impact should monitor these levels alongside Bitcoin flows.