Bitmine: Buys 51,000 ETH for $126M

Bitmine just acquired another 51,000 ETH ($126M) from FalconX and BitGo. ETH price prediction models now factor in sustained institutional ETH buying that supports the current bullish structure where price holds above the EMA50 at $2429.53 and the EMA200 at $2177.79 while the MACD golden cross at 2.19 confirms trend strength. With price testing the upper Bollinger Band resistance at $2498.23 and RSI at 52.87 remaining neutral inside the bands, crypto market analysis points to a likely extension higher before any pullback to the $2411.92 lower band support.